“PDC Announces Special Technology Zone to Foster IT Expansion”

Pivotal Stride for Technological Advancement

The Provincial Development Company (PDC) has declared a special tech zone for IT growth, aiming to boost the region’s technological landscape. This move offers tax incentives, making PDC Haripur a tax-exempt zone for businesses within its premises.

Tax Exemption for 10 Years

Entities associated with PDC Haripur will enjoy a 10-year tax exemption period, fostering an environment conducive to technological advancement. This strategic measure is expected to bolster the growth of IT businesses in the region, providing them with a favorable environment to thrive.

Significance of the Event

The event, attended by dignitaries like Special Assistant to the K-P Chief Minister for Science and Technology Khalid Latif Khan, underscores PDC Haripur as Khyber Pakhtunkhwa’s largest IT project. Spanning 88 canals, it aligns with the Government’s Digital Pakistan Vision, aiming to catapult the region into a hub of technological innovation.

Positive Prospects for IT Professionals

The development presents positive prospects for IT professionals within Pakistan Digital City, offering a conducive environment at a reduced cost. International IT experts are also encouraged to invest, stimulating IT activities within KPK and fostering collaboration between local and international tech companies.

Milestone and Funding

Former Prime Minister Imran Khan inaugurated the Pakistan Digital City Special Technology Zone in Haripur three years ago, marking a significant milestone in the region’s technological journey. With an initial allocation of Rs1.31 billion towards the project, it demonstrates the government’s commitment to fostering technological growth and innovation.

Comprehensive Ecosystem

The project extends beyond IT, encompassing related industries like electronics, software houses, and technology incubators. By creating a comprehensive ecosystem for technological innovation and growth, it aims to drive economic development and create employment opportunities in the province.