karachi

New Food Street in Karachi
near Karachi Beach,

Port Grand Retail & Entertainment Complex
At Karachi Port
80% work already been completed.
(Neti Jetty Food Street)

Photos Avilable soon

Wow, this seems to be a month of infrastructure announcements! The Punjab Internet City, the new EPZA software park in Karachi and now this $200M project to develop a 47 story IT tower in Karachi. The building will provide employment to 40,000 people, with 10,000 call center seats running out of the facility. According to Mustafa Kamal, Nazim of Karachi, 60% of the call center capacity has already been booked up by various companies.

It’s good to see stories like this because they confirm the growth estimates being publicized by the PSEB and the Ministry of Information Technology. Clearly, capacity expansion of this magnitude, and that too, with a high reservation rate prior to the project even being live, bodes well for the industry.

The Daily Times is running a story on the EPZA’s efforts to augment IT infrastructure in Pakistan. The export processing zone authority (EPZA) has launched a 6.5 acre facility in Karachi specifically for use by export oriented software companies. This comes at the heels of the software park developments taking place in both Islamabad and Lahore. During a recent visit by a PASHA (Pakistan Association of Software Houses) delegation, the management of the new park explained that an optic fiber network, uninterrupted power and discounted electricity were amongst some of the incentives the EPZA was offering.

Software exporters visit EPZA IT Park site

KARACHI: A 17-member delegation of Pakistan Software Houses Association (PASHA) visited Export Processing Zones Authority (EPZA) to learn about incentives being offered at the proposed IT Park at KEPZ Phase-II which has reserved land of 6 ½ acres exclusively for the IT companies.

EPZA Chairman Kamran Mirza gave an overview of the zone and explained the details of the incentives to the delegation, lead by PASHA President Ashraf Kapadia

Mr. Kamran said, the incentives currently being provided to investors include; developed land, cheaper electricity, optic fiber network, uninterrupted electricity, abundant water and gas supply, no restrictions on foreign currency movement through offshore banks and duty free import of all goods.

Mr. Kapadia said that the offer made by EPZA to PASHA members is quite impressive and our members would seriously consider this offer individually and collectively on PASHA’s forum. staff report