The Government of Pakistan has received a generous loan of more than $76million from the Republic of Korea for the establishment of an InformationTechnology Park project in the nation’s capital.
The Ministry of Information Technology and Telecommunication (MoITT) hasconfirmed link thatthe government has received a loan of $76.28 million from the Export-ImportBank of Korea from the resources of the Economic Development CooperationFund (EDCF) of the Republic of Korea towards the cost of the establishmentof the IT Park project in Islamabad.
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The MoITT, which is the Project Executing Agency (PEA), has invited bidsfrom eligible bidders for the construction of the Information TechnologyPark, Islamabad with supplying, installation and commissioning of ICTinfrastructure & security equipment.
The following points give a breakdown of the work and procurement to beperformed in this project:
->Construction of IT Park building – ten [10] stories above ground and two[2] basements building with a gross floor area of 66,893.643 m2
->Offices, share rooms (conference rooms, data centers, and etc.),amenities, backup power, and parking area
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->Implementation of ICT infrastructure & security system and commissioning
->ICT infrastructure: building network, data center tier-iii, mis, wifi, pasystem, video conference system, etc. – security system: fence security,human and vehicle control system, CCTV, etc
The estimated period for work and procurement is 30 months.
The Islamabad IT Project is expected to provide over five thousand directand indirect employment opportunities during the construction phase andabout 15000 employment opportunities to IT experts, students, and personsconcerning industry after its completion.
