The Special Technology Zones Authority (STZA) and the National Radio and Telecommunication Corporation (NRTC) have sealed a major agreement worth Rs 12.5 billion to reshape Pakistan's technological landscape.
The agreement marks a key milestone in Pakistan's push towards technological advancement. Covering an expansive 46.88 acres in Haripur, NRTC's operational facility stands as a testament to cutting-edge tech infrastructure in the region.
Specializing in high-tech production, NRTC's line-up includes information and communication technologies, biomedical advancements, agritech solutions, robotics, power innovations, and AI-driven Internet of Things (IoT) solutions.
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Underpinning the project's rapid progression is the strategic support of the SIFC, emphasizing STZA's pivotal role in Pakistan's economic strategy.
Formal approval from STZA positions NRTC's facility as a catalyst for fostering innovation, driving export growth, substituting imports, and generating employment opportunities.
The signing ceremony at STZA's Islamabad headquarters signifies a core alliance, poised to expedite the expansion of Pakistan's burgeoning technology sector.
To fuel further growth, STZA has announced a decade-long grant initiative, inviting public and private institutions to invest in Pakistan's knowledge ecosystem.