Khyber Pakhtunkhwa (KPK), a progressing province of Pakistan, has announced the launch of the country’s first digital city named Pakistan Digital City. The motive behind is to accelerate the digital transformation and enhance information technology in the country. The newly launched digital city is located in the KPK district of Haripur, close to the Islamabad Capital Territory (ICT) and the KPK government has already signed a Memorandum of Understanding on Wednesday January 27, 2022 with international firms to invest there.
The MoU was signed in the Dubai Expo 2020 in the Pakistan Pavillion. Provincial Minister of KPK for Science and Technology, Atif Khan said that the companies who will begin their operations in Digital City will benefit from a 10-year break on custom duties, taxes, and General Sales Tax (GST). He also assures that the city will show the best performance and provide exceptional services and it will reduce the time for companies to set up their operations and increase compliance.
The KPK government has signed 44 deals worth $8 billion at the Investment Conference in Dubai that will transform the province into an investment and trade hub in the region.
The KPK government is witnessing a new dawn of digital transformation both in government and private sectors. The IT Minister in coordination with the KPK government has launched the Special Technology Zone Authority (STZA) to support youth, young professionals, freelancers and Technology businesses to flourish with the infrastructure provided.