The Project Director of Islamabad IT Park, Mr. Amir Ahmad, confirmed that 98% of the park’s structure is now complete. Shaza Fatima, weighing in on the development, highlighted that the project has reached 80% overall completion, marking a major milestone for Pakistan’s flagship technology infrastructure initiative.
The Committee Chairman issued a strict directive to complete the Islamabad IT Park by February 28 at all costs, accelerating the timeline for the country’s largest IT facility in Chak Shahzad, Islamabad.
The Pakistan Software Export Board (PSEB), operating under the Ministry of IT and Telecom, has officially opened reservations for office spaces at the Islamabad IT Park, which is set to be inaugurated on 14 August, signaling imminent operational readiness.
Current Construction Status
According to the Project Director, work is currently in full swing, and the contractor has significantly increased the labour force to meet approaching targets.
The long-delayed project that began in 2017 has experienced dramatic acceleration over the past year, transforming from a troubled initiative into a near-complete state-of-the-art facility.
98% Structural Completion
She further noted a massive spike in productivity, stating that 60% of this work was completed within just the last year.
Shaza Fatima revealed that the Prime Minister inquires about the IT Park’s status on a daily basis, demonstrating high-level government commitment to project completion.
The structural milestone represents completion of the building’s concrete framework, floor slabs, exterior walls, and roof. Ongoing work focuses on interior finishing, electrical systems, HVAC installation, and technology infrastructure deployment.
February 2026 Target Deadline
Work on the project, which began in 2017, is expected to be completed by December 31, 2025. But that does not seem to be the case anymore.
The Project Director aims to complete the IT Park by January 2026, though the National Assembly Standing Committee imposed a stricter February 28, 2026 absolute deadline.
The multiple deadline adjustments reflect both construction challenges and political pressure to deliver Pakistan’s premier technology park after years of delays.
Project Overview and Funding
The government, led by Minister for Planning, Development, and Special Initiatives Ahsan Iqbal, is accelerating the development of Islamabad’s Information Technology Park to establish it as a regional IT hub. In a progress meeting with officials, including Korea’s Ambassador to Pakistan, Park Kijun, Iqbal emphasised advancing this project in line with the prime minister’s vision.
The Technology Park Islamabad represents Pakistan’s most ambitious digital infrastructure investment, designed to compete with regional technology hubs in India, Bangladesh, and Southeast Asia.
South Korean Partnership
A loan of $78 million was granted in 2021 with a 10-year grace period, to be repaid over 30 years at an interest rate of just 0.5 percent.
The highly concessional financing terms demonstrate South Korea’s strategic interest in Pakistan’s technology sector development and bilateral economic cooperation.
Ambassador Park Ki Jun, in response, affirmed Korea’s desire to further deepen its partnership with Pakistan in the IT and telecommunications sectors. He reiterated Korea’s commitment to assisting Pakistan in its IT development initiatives and ensuring the timely completion of the Islamabad IT Park project.
Korean contractor SAMHAN Construction Co. leads construction, with SUNJIN Engineering & Architecture Co., Ltd providing consultancy services.
$88 Million Investment
The total cost of the Project is PKR 9,246.013 million (US88.384million)includingRs.7983.091million(US 76.310) from Korean Exim Bank (Loan) and PSDP share of Rs.1262.922 million (US$ 12.072).
Despite initial challenges such as heavy rains, import restrictions, and economic pressures, the project has remained within its allocated budget of $76.3 million, with an additional $12.5 million allocated from the Public Sector Development Programme (PSDP).
The project’s adherence to budget despite significant delays and economic challenges represents a rare success in Pakistani infrastructure development.
Read more: CDA to set up Pakistan’s biggest IT park in Sector G-10 of Islamabad
Facility Specifications
Announced by the Ministry as a state-of-the-art development, the facility spans 720,000 square feet and is being promoted as the most advanced IT infrastructure project in the country to date.
The Technology Park establishes new standards for Pakistan’s technology sector infrastructure, incorporating international design specifications and modern amenities.
Office Spaces and Layout
Spanning 66,893 square meters, the IT Park will feature two basements, a ground floor, and nine floors, supporting 120 offices for IT and IT-enabled service companies, a startup incubation centre, and a business support centre.
The structure consists of two basement levels, a ground floor, and nine upper stories, offering dedicated office spaces along with a startup incubation center that includes 15 separate units.
The flexible floor plans accommodate companies ranging from small 5-person startups to established firms with 50+ employees. Office configurations can be customized based on tenant requirements without fixed segregation.
Resident businesses will also gain access to legal, marketing, and financial advisory services8 through the integrated business support center.
Pakistan’s First Tier III Data Center
A key feature of the park is the Tier III Data Centre—the first of its kind in Pakistan—designed to ensure reliable power supply and data security for its users.
The Tier III data center meets ANSI/TIA-942-B design standards, providing 99.982% uptime availability with N+1 redundancy for all critical systems. This represents a transformative capability for Pakistan’s IT sector, enabling international-standard cloud services, data hosting, and disaster recovery operations.
Features include redundant cooling systems, multiple power feeds from independent sources, 2N UPS configuration, diesel generator backup, and advanced fire suppression systems.
Incubation and Support Centers
The multistorey park includes two basements, a ground floor and nine upper levels, with dedicated office spaces, a startup incubation centre comprising 15 units, and access to legal, marketing and financial advisory services.
An industry-academia linkage centre is also part of the facility, aimed at fostering collaborations between educational institutions and the IT sector.
Additional facilities include testing laboratories for software quality assurance, R&D labs for innovation projects, virtual classrooms for technology training, conference halls, and an auditorium for industry events.
Timeline and Milestones
The project’s eight-year journey from conception to near-completion reflects both Pakistan’s infrastructure challenges and eventual commitment to digital sector development.
2017: Foundation stone laid and construction commenced
2019-2021: Multiple delays due to contractor changes, import restrictions, and economic pressures
August 2024: Korean company had reset its completion date to February 2025 from earlier June 20252
May-June 2025: PSEB opened bookings for the Islamabad IT Park ahead of its scheduled launch on 14 August.
September 2025: Physical progress currently at 71%.
October 2025: About 80 percent of the work on the project has been completed.
November 2025: Islamabad IT Park is over 90% complete.
December 2025: 98% of the park’s structure is now complete.
December 31, 2025: Original completion target
February 28, 2026: Committee Chairman issued a strict directive to complete the Islamabad IT Park by February 28 at all costs.
The office spaces are expected to be ready for occupation between October and November 2025, though this timeline has clearly slipped to early 2026.
Economic Impact and Job Creation
Prime Minister Muhammad Shehbaz Sharif on Monday said that the completion of Information Technology Park project in Islamabad would help boost country’s exports in this sector and prove as significant milestone in achieving $25 billion IT exports target.
The IT Park represents a strategic investment in Pakistan’s knowledge economy, positioning the country to capture greater share of global IT services exports currently dominated by India, Bangladesh, and the Philippines.
Employment Generation
Around 10,000 productive jobs would be created in the IT Park for the skilled and knowledgeable workforce.
The project is projected to generate more than 5,000 direct and indirect jobs during and after its completion.
Employment projections vary between 5,000-10,000 positions depending on whether counting includes only direct tenants or broader ecosystem effects including service providers, support staff, and supply chain employment.
Job categories include software developers, data scientists, cloud architects, cybersecurity specialists, UI/UX designers, project managers, business analysts, and IT support technicians.
Export Revenue Projections
As a result of the the construction of the IT Park, the country’s exports would be increased by around US$70 million per year.
Once launched, the park expected to create 7,500 jobs and to contribute around $60 million annually to IT exports.
Conservative estimates project $60-70 million annual IT export contribution, though this could expand significantly if the park successfully attracts multinational corporations and large-scale outsourcing contracts.
Foreign Investment Interest
International tech giants like Google, IBM, and Microsoft have already expressed interest in establishing their offices at the Islamabad IT Park, which signals Pakistan’s growing prominence as an emerging hub for IT development.
While official confirmations from these companies remain pending, their expressed interest validates the park’s international-standard specifications and strategic positioning for South Asian operations.
Office Space Bookings
The Pakistan Software Export Board (PSEB), operating under the Ministry of IT and Telecom, has officially opened reservations for office spaces at the Islamabad IT Park, which is set to be inaugurated on 14 August.
The booking process targets PSEB-registered IT companies, tech startups, and IT-enabled services providers seeking modern infrastructure with government support.
Rental Rates
The rent is PKR 240 per sq. ft. per month.
HVAC (Heating, Ventilation, and Air Conditioning) and utility charges (electricity, water, gas, etc.) will be charged as per actual usage.
At Rs240 per square foot monthly, a typical 1,000 sq ft office costs Rs240,000 monthly (approximately $850 USD), which is competitive with premium commercial spaces in Islamabad’s Blue Area but includes superior technology infrastructure.
Yes, the office spaces will be delivered with development work completed, including flooring and other essential fittings.
Application Process
We invite you to submit your office space requirements for IT Park Islamabad, allowing PSEB to better serve the IT Departments within the Ministry of Information Technology.
Interested companies should submit applications through the official PSEB portal at techdestination.com, specifying required square footage, preferred floor location, and company details including PSEB registration number.
Spaces can be provided as per the specific requirements of interested companies, allowing flexible configurations rather than fixed office layouts.
Priority allocation goes to PSEB-registered software houses, IT exporters, and technology startups demonstrating export potential or innovation capacity.