'Exim Bank investing $50 million in IT park'

ISLAMABAD: Minister of State for Information Technology and Telecommunication Anusha Rehman on Tuesday said that the information technology software park being set up in the federal capital would help boost exports from the country.



Approval for the software park, which would be established by the Pakistan Software Export Board (PSEB) in collaboration with Korea Exim Bank, has already been obtained, she said while speaking at the IT Awards 2016 ceremony.

She said Exim Bank was investing $50 million for the IT Park in the capital. Rehman added that the IT sector was facing many challenges and that the government would help the telecom and software companies to improve the volume of export.



The park spreading over an area of 45 acres would help promote the IT industry, local software experts, attract international companies and increase IT exports.

Published in The Express Tribune, December 21^st, 2016.

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