ISLAMABAD, April 06 (ABC): The Cabinet Division has sought Rs1,543 million for the next phase of the Islamabad Technopolis project under the Public Sector Development Programme (PSDP) 2026-27. The move signals a renewed push to transform the capital into a hub of innovation and technology.
According to documents available with Wealth Pakistan, the total approved cost of the project stands at Rs1.98 billion. Out of this, Rs303.7 million had been utilised by June 30, 2025. Meanwhile, under PSDP 2025-26, authorities earmarked Rs138.28 million for the project.
The Islamabad Technopolis project aims to provide state-of-the-art infrastructure. This includes a boundary wall, a 132KV electrical transmission line, water supply transmission lines, a gas line, drainage culverts, and the remodelling of drainage systems.
In addition, the project seeks to boost technology exports in Pakistan. It will encourage high-tech and innovative solutions while promoting entrepreneurship across multiple sectors.
Moreover, the initiative focuses on improving Pakistan’s economic outlook. It plans to promote technology exports and facilitate knowledge transfer from global technology hubs. As a result, it is expected to strengthen the country’s innovation ecosystem.
The project will also create employment opportunities at both national and international levels. It aims to generate skilled and upskilled jobs while attracting direct foreign investment. Consequently, these efforts will help increase the national income level.
If implemented effectively, the Islamabad Technopolis project will enhance Pakistan’s global competitiveness. It will also position the country as a regional leader in technological innovation.