Wow, this seems to be a month of infrastructure announcements! The Punjab Internet City, the new EPZA software park in Karachi and now this $200M project to develop a 47 story IT tower in Karachi. The building will provide employment to 40,000 people, with 10,000 call center seats running out of the facility. According to Mustafa Kamal, Nazim of Karachi, 60% of the call center capacity has already been booked up by various companies.
It’s good to see stories like this because they confirm the growth estimates being publicized by the PSEB and the Ministry of Information Technology. Clearly, capacity expansion of this magnitude, and that too, with a high reservation rate prior to the project even being live, bodes well for the industry.
Extracts from the story follow.
You can find the original article here:
KARACHI (November 29 2007): City Nazim Mustafa Kamal on Wednesday said the construction work of 47-storey IT Tower in the vicinity of Civic Center at a cost of $200 million would start within few weeks. Around 40,000 youth would get employment in the IT Tower.
Which would be the country’s tallest building and would have 10,000 call center [seats] of which 6,000 have been booked so far, the Nazim stated this, in his address, to a “Technology Showcase” event held at a local hotel.