LAHORE: Chief Minister Maryam Nawaz Sharif inaugurated Pakistan’s first Nawaz Sharif IT City project commercially on Saturday. She also revealed the official logo of Nawaz Sharif IT City and presented a documentary about the project.
An MoU was signed between CBD and 15 IT and education companies for the development of the city. Ambassadors from China, US, Turkey, and other countries attended the ceremony.
The CM said several international tech giants were showing interest in the IT City, with 10 companies already planning to establish their offices there. The IT city spans 853 acres and is designated as tax-free for 10 years. It will include an IT and Tech District, Knowledge City and Film City.
International universities will set up campuses in the Knowledge City, while a Film City equipped with the latest technology will promote the local film industry. The government pledged support to companies by providing land and building infrastructure as needed.
Published in Dawn, May 19th, 2024
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