Land for International IT Park at Islamabad being acquired: PSEB
By Fakhar Alam

ISLAMABAD—Pakistan Software Export Board (PSEB) has announced that land measuring 33.3 acres for the establishment of International Information Technology Park at Islamabad is in process of acquisition.
In this regard, a Letter of Intent (LOI) will be sent to the short listed developer soon following approval by the PSEB’s Board of Directors, an official at PSEB said here Sunday.
The official said PSEB also plans to build IT Parks indifferent cities and currently operates over 750,000 square feet of Software Technology Parks (STP) in eleven buildings across the country.
He said purchase of land measuring 6 acres each for the establishment of International IT Parks at Lahore and Karachi Airport has also been approved in the last meeting of ECNEC.
PSEB, a department of Ministry of Information Technology whichpromotes the image of the Pakistan’s IT industry in key markets abroad, has sponsored participation of 51 member companies in sixinternational trade shows to date in the current fiscal year 2007- 08.
The official said to date in the current fiscal year, nineinternational promotional campaigns were run and 225 business leads were passed on to member companies in addition to over a 1000 indirect leads.
He said most potential customers and investors contact PSEB member companies directly after getting information from the PSEB website which receives a million hits each month with 70 per cent ofthe hits received from overseas.
PSEB participated at the world’s largest IT event CeBIT held inHannover, Germany along with its member companies