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MoU signed for the first Software Technology Park in Faisalabad

May 26, 2021 by Mahnoor Izhar in Science & Technology, Technology 2 min read

MoU signed for the first Software Technology Park in Faisalabad

Sitara Chemical Group and Pakistan Software Export Board have signed an MoU to inaugurate a software Technology Park in Faisalabad on 20th May 2021. The name of the awe-inspiring park will be “Sitara Technopark” 

The park’s primary objective is to encourage advancements in the growth of the IT industry and to regulate exports. This incentive was taken by Mian Muhammad Adrees, Chairman and CEO of Sitara Chemical Group.

See also  Agreement initiated to set up Sindh Forensic Science Lab

This project will be the pioneer software technology park that was initiated in Faisalabad. Sitara Technopark is aiming to enter the big leagues and be labeled as the largest host for the local IT companies by providing state-of-the-art infrastructure, uninterrupted electric and internet facilities, and market connections. 

The project will also be working to incorporate a supporting environment as reliable access to start-ups and existing IT companies. Sitara Chemical Group will continue working closely with the Pakistan Software Export Board (PSEB) for the development of the IT industry in Pakistan.

Mahnoor Izhar
Author: Mahnoor Izhar

Mahnoor Izhar is writing for Tutoria.pk for the last few years.

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