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Software Technology Parks to Be Set Up In Rawalpindi and Faisalabad

Software Technology Parks to Be Set Up In Rawalpindi and Faisalabad In a major development towards enhancing the IT industry growth in Pakistan, two MoUs (Memorandum of Understandings) were signed on Thursday for setting up software technology parks in Faisalabad and Rawalpindi. A ceremony in this regard was held at committee room of Ministry of IT. Federal Secretary Ministry of IT & Telecom Shoaib Ahmad Siddiqui was chief guest . The software technology park in Faisalabad would be set up at Sitara Chemical’s Ali Fatima College of Science & Technology with a space of 19,500 sq.ft and is the first-ever software technology park to be set up in Faisalabad.

Innovation fastest way to emerge as knowledge economy: Alvi

Islamabad February 5, 2021 Islamabad : President Dr Arif Alvi on Thursday said the fastest way for Pakistan to emerge as a strong knowledge economy was through promotion of innovative entrepreneurship based on information technology. “Innovation and emerging technologies together can open up new vistas of development and prosperity for Pakistan,” the President said at the inauguration of National Idea Bank, here at the Aiwan-e-Sadr. The National Idea Bank ‘a collaboration among academia, government, and industry’ is aimed at addressing indigenous problems using technology and innovations in business and governance models. President Alvi said in the world of digitalization, Pakistan needed to establish a mechanism comprising thin­kers and practitioners to identify innovative ideas for different organisations. He expressed confidence that National Ideas Bank as a knowledge-intensive system would contribute to rapid pace of development compared with the conventional brick

President Alvi calls for promoting innovation

President Alvi calls for promoting innovation Says it is fastest way for Pakistan to become knowledge economy APP February 05, 2021 ISLAMABAD: The fastest way for Pakistan to become a strong knowledge economy is through promotion of innovative entrepreneurship based on information technology, said President Arif Alvi. Addressing the inauguration of National Ideas Bank on Thursday, the president said, “Innovation and emerging technologies together can open new vistas of development and prosperity for Pakistan.” National Ideas Bank - a collaboration among the academia, government and industry - is aimed at addressing problems in using technology and innovation in business and governance models.

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