KARACHI: The Special Technology Zone Authority (STZA) and Khadim Ali Shah Bukhari (KASB) Institute of Technology (KASBIT) have signed a memorandum of understanding (MoU) to develop a Special Technology Zone for the provision of a high-tech business environment to companies, including startups, SMEs and multinationals so that the innovation sector can be promoted in Pakistan, a statement said.
Speaking at the launching ceremony, Special Technology Zone Authority chairman Amer Hashmi said: “Pakistan is at a turning point in its technological history. Pakistani startups are now attracting international funding. It is a source of immense pride for us. It is our national duty to provide these brilliant minds with a conducive environment that facilitates their work and boost IT exports of Pakistan.”
“[The] KASB Altitude Special Technology Zone is our joint effort with [the] KASB Group to provide them the ease of doing business,” he said.
The KASB Institute of Technology Private Limited has taken the initiative to construct KASB Altitude Special Technology Zone, which is a 35 floors building located in Clifton, Karachi with modern high-tech technological infrastructure providing futuristic entrepreneurship opportunities in Pakistan. It would be the first zone developed in Karachi for the purpose.
“[The] KASB Altitude Special Technology Zone’s most significant attribute will be its cutting-edge R&D labs and certified testing centres. At its completion, it will house 500+...
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