The Daily Times is running a story on the EPZA’s efforts to augment IT infrastructure in Pakistan. The export processing zone authority (EPZA) has launched a 6.5 acre facility in Karachi specifically for use by export oriented software companies. This comes at the heels of the software park developments taking place in both Islamabad and Lahore. During a recent visit by a PASHA (Pakistan Association of Software Houses) delegation, the management of the new park explained that an optic fiber network, uninterrupted power and discounted electricity were amongst some of the incentives the EPZA was offering.
Software exporters visit EPZA IT Park site
KARACHI: A 17-member delegation of Pakistan Software Houses Association (PASHA) visited Export Processing Zones Authority (EPZA) to learn about incentives being offered at the proposed IT Park at KEPZ Phase-II which has reserved land of 6 ½ acres exclusively for the IT companies.
EPZA Chairman Kamran Mirza gave an overview of the zone and explained the details of the incentives to the delegation, lead by PASHA President Ashraf Kapadia
Mr. Kamran said, the incentives currently being provided to investors include; developed land, cheaper electricity, optic fiber network, uninterrupted electricity, abundant water and gas supply, no restrictions on foreign currency movement through offshore banks and duty free import of all goods.
Mr. Kapadia said that the offer made by EPZA to PASHA members is quite impressive and our members would seriously consider this offer individually and collectively on PASHA’s forum. staff report