Deal inked to facilitate tech firms

One-window portal to be developed to support investors


Our Correspondent June 09, 2022
Tech firms have become attractive after the government projected an increase in IT services and product exports to $8 billion over the medium term. PHOTO: FILE

ISLAMABAD:

To support ease of doing business and facilitate the domestic and global technology companies in the Special Technology Zones, the Special Technology Zones Authority (STZA) has signed a contract with a local tech company for the development and implementation of a one-window portal system.

The signing ceremony, held on Wednesday, was attended by Federal Board of Revenue (FBR) Chairman Asim Ahmad, senior representatives of STZA and Systems Limited, tech professionals, businessmen, the academia and government officials. FBR Chairman Asim Ahmad said being the apex revenue collection body of the government, the FBR had a strategic role in providing business-friendly environment.

“STZA’s one-window portal will facilitate local and foreign investors. It will also be integrated on a real-time basis with the FBR and customs systems. “We are fully committed to providing all requisite support to the STZA in this regard. A working group has been constituted and work with PRAL and PSW is already in progress,” he said.

The one-window portal will be a digital system to facilitate STZA-licensed companies. It will enable the companies to be digitally on board and connected with various government and regulatory agencies.

Published in The Express Tribune, June 9th, 2022.

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