ISLAMABAD: In a bid to boost Pakistan’s IT sector, Prime Minister Imran Khan has directed the establishment of a massive 40-acre software city in the federal capital with exports target of $10 billion.
The decision came after a meeting was held with the higher management officials of the Ministry of Information Technology and Telecommunications.
Upon deliberation, the meeting finalised a set of decisions to boost Pakistan’s contribution to the global IT domain, resulting in the PM’s directives for the construction of the software city and abolishment of the double tax imposed on software exporters by both, federal and provincial governments.
The state-of-the-art facility will provide a platform for technology start-ups and companies and further help develop by investing in their growth. The focus on software startups will be critical to drive the economy through Pakistan’s IT contributions.
In addition, relief package for small scale software exporters will be introduced by the federal government to assist their growth.
The government will also supply foreign currency to software exporters at a rate that is lower than that of the market to the exports to achieve the goal of $10 billion in IT exports.
For news and blogs, visit Graana.com.
Lahore, known as Pakistan's cultural and historic heart, is home to numerous ancient sites, bustling…
Garha Mor, a notable landmark in Vehari, Punjab, Pakistan, is significant in its location, accessibility,…
Located in the center of Wah Cantt, Aslam Market is a vibrant commercial hub that…
Located in the bustling heart of Lahore, Abid Market is a landmark shopping area well…
ISLAMABAD, Nov 16 (APP): The Chairman of the Capital Development Authority (CDA), Muhammad Ali Randhawa,…
Islamabad, Pakistan— IMARAT Group, a leading real estate developer and innovator in Pakistan, announces the…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
