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Islamabad STZ to attract $100m investment in next five years

Daily Times First technology park based on 150 acres of land in Islamabad Capital Territory will be established soon April 24, 2021 Chairman, Islamabad Special Technology Zones Authority (STZA) Amer Hashmi on Friday said that the Islamabad Special Technology Zone (STZ) would attract $ 100 million investment in next five years to contribute to the national economy. Chairman STZS said the first Technology Park in the Islamabad STZ based on 150 acres of land in the Islamabad Capital Territory would be established soon, said a press release issued here. Special Technology Zones Authority and iENGINEERING Corp. signed MoU with Special Technology Zones Authority (STZA) to build the first Technology Park in Islamabad in the Prime Minister Secretariat.

Islamabad Special Technology Zone to Attract $100 Million Investment in 5 Years

Islamabad Special Technology Zone to Attract $100 Million Investment in 5 Years
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Bulls return to PSX as benchmark index gains 856 points

Daily Times April 7, 2021 Following an abysmal performance in the previous session, bulls staged a comeback at Pakistan Stock Exchange (PSX) on Tuesday, as benchmark KSE-100 index gained 856 points by the closing bell to clock at 44,404.70 level. Tuesday’s strong performance followed series of trading sessions where Investors struggled to gain a firm foothold, ever since the benchmark KSE-100 index slipped from the recent high of 47,000 points, owing to rising Covid-19 infection cases that resulted in fresh rounds of lockdown. On Tuesday, technology sector which took the major beating in the previous sessions, was the top performer, flowing PM Imran Khan’s intentions to promote the sector by giving several incentives in the outgoing year. The PM on Monday said the establishment of Special Technology Zones (STZs) would ensure promotion of information technology in the country and directed finalization of a time-line based strategy in this regard.

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