| Welcome to Global Village Space

Thursday, July 18, 2024

STZA Chair calls on CM KP, 4 tech zones agreed

The Chief Minister of KPK province met with the Chairman of the Special Technology Zones Authority to discuss a comprehensive strategy for the development of four Special Technology Zones (STZs) in KPK province, namely in Peshawar, Mardan, Swat, and Haripur. The establishment of technology clusters and STZs in the province will boost socio-economic development in the KPK province.

The Chief Minister of KPK province, Mr. Mahmood Khan, was called on by Mr. Amer Hashmi, the Chairman of the Special Technology Zones Authority (STZA) in Peshawar. During the meeting, the Minister for S&T, IT, and Food, Mr. Atif Khan was also present.

The meeting took place as a follow-up to the Digital Youth Summit which was recently held in Peshawar. A comprehensive strategy for the development of four Special Technology Zones (STZs) in KPK province was discussed, namely in Peshawar, Mardan, Swat, and Haripur.

These STZs are envisioned to create opportunities for the technology industry, to create jobs for the youth, human capital development, and to create and support the technology and knowledge ecosystems in the province.

Read more: STZA signs MOUs to boost FDI, technology transfer & job creation

To implement this strategic plan, the Government of KPK will form a Joint Working Group (JWG) with the Special Technology Zones Authority – STZA. Under the JWG, regular meetings will be conducted, for ongoing cooperation on the development of the STZs in KPK and to explore other areas of cooperation.

The Chief Minister of KPK greatly appreciated this initiative and pledged his government’s resolute support for the development of the technology industry in the province through the STZs. Chairman Amer Hashmi also appreciated the Government of KPK for their visionary approach towards the establishment of technology clusters and STZs in the province, which he believes will boost socio-economic development in the KPK province.

STZA revolutionizing Pakistan

Important to note, STZA remains committed to putting Pakistan on the global technology radar. Earlier this month, a high-level delegation from global venture capital firm 500 Global visited the Special Technology Zones Authority (STZA) in Islamabad to meet with Chairman STZA Mr. Amer Hashmi and his team.

500 Global is a venture capital firm that invests early in founders building fast-growing technology companies. Therefore, Pakistan invited the firm to explore investment opportunities in Pakistan.

Both parties agreed to work together to identify and explore mutual areas of interest to foster innovation and promote a technology-driven knowledge ecosystem.

Read more: Chairman STZA welcomes 500 Global to invest in Pakistan’s tech sector