KPK Govt to Establish CPEC IT Park in Peshawar

Pakistan is moving towards a multidimensional revolution in the shape of China Pakistan Economic Corridor (CPEC). It is considered a strategic game changer that will make Pakistan a richer and stronger entity than ever before. This will finally help Pakistan to get its economic wheels turning. KPK Govt to Establish CPEC IT Park in Peshawar.

The government of Khyber Pakhtunkhwa are planing to setup a China Pakistan Economic Corridor Information Technology Park in Peshawar. An official from provincial government revealed that the land for the technology park is already acquired. He also told that the construction work on the land will be started soon.

KPK Govt to Establish CPEC IT Park in Peshawar

Park will be completed at a cost of more than fourteen million dollars. The Technology park will boost trade and business activities. It will also create new job openings for youth of KPK.

When the CPEC agreement was signed it was decided that Pakistan and China would be setting up IT industrial parks in every province in Pakistan. Work on Islamabad Industrial Park has been started already and is expected to reach its phase I by 2018. That project is expected to cost 1.5 billion Dollars and will be completed in 3 phases.

This is a very good step from KPK Government as this technology park will not only boost the economic growth of the country but will also provide job opportunities to thousands of unemployed youth.

Also Read: CPEC Changing the ICT landscape of Pakistan