IT & Innovation

Central to the development of knowledge economy and transformation to the digital age solutions, the IT sector of Punjab is growing at a rapid pace with the largest and highly skilled work force pool. Enabled by Pakistan’s first Special Technology Zone (Lahore Technopolis) which is planned to offer complete digital ecosystem for rapid growth of the IT / IT enabled services industry, Lahore Technopolis shall cater to high end innovation, hi-tech Research & Development ventures, manufacturing of next generation electronics and training facilities for cutting edge futuristic solution in the Artificial intelligence, Big Data, IOT, Robotics and Automation. The Special Technology Zones (STZ) Framework of Pakistan not only offers a comprehensive package of fiscal incentives for new projects but also allows declaring existing infrastructure meeting the criteria as STZs to ensure rapid and transformational growth which can lead to revolutionize its ICT / ITeS / Innovation services sector.

It is pertinent to note that Pakistan’s overall startup ecosystem raised over USD 373 million investments during year 2021 where 95% of the investments were by international venture capitalists, seed funds, financial institutions, investors and startup funds. Punjab being the largest population pool and highest education rate in the country is the hub of overall IT / ITeS industry.

Key Facts

• Approximately 105 Million Cellular Subscribers
• 60 Million 3G / 4G Subscribers
• 1 Million Basic Telephony Subscribers
• 61 Million Broadband Subscribers

Lahore Technopolis

"Anchored in the national framework of “Special Technology Zones”, the Lahore Technopolis (a project of Lahore Knowledge Park Company under Higher Education Department Punjab) has been launched as a trailblazing project which is expected to pivot the overall services sector and knowledge economy of Punjab by channeling its strength of IT skilled youth towards a nurturing market place and a working life style at par with international standards.

Designed to incorporate complete technology and R&D value chain into a single geographic cluster and having a spillover impact of optimally modernizing every other sector of the economy, LTP is the stepping stone towards a smart future of Punjab.

Located at the Lahore Ring Road, which is the main transportation artery of the expanding Lahore City, close to Allama Iqbal International Airport. LTP is easily approachable from all population pockets of the urban metropolis, i.e., easy access for workforce.

Key Features

• Promoting growth of knowledge economy in Punjab
• Building an ecosystem of technology companies
• Establishment of research and development centers
• Offering dedicated land of 790 acres
• Delivering enabling ecosystem for innovation, enterprise and thought leadership
• Attracting investment, partnership, joint ventures in contemporary technologies and cutting edge manufacturing
• Creating a value chain for transforming the economy

Potential Investment Projects

The LKPC floated an EOI to seek interest from the potential parties / investors for establishment of institutions at LKP in the areas.