The government has earmarked Rs 16.29 billion in the Public Sector Development Programme (PSDP) to support the development of IT parks, artificial intelligence initiatives, and the startup ecosystem across the country.
This major allocation reflects a renewed focus on strengthening Pakistan’s digital economy and promoting innovation-driven growth. The funds will be used to establish modern IT infrastructure, expand technology parks, and support research and development in emerging technologies such as artificial intelligence.
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Officials say the initiative is designed to create a more enabling environment for startups by improving access to resources, incubation facilities, and digital infrastructure. The move is also expected to generate employment opportunities in the tech sector and encourage local entrepreneurs to scale their businesses.
By investing in IT parks and AI-related projects, the government aims to position Pakistan as a competitive player in the global digital economy. The PSDP allocation highlights long-term planning to modernize the country’s technology landscape and boost innovation.
