PDC declared Special Tech Zone

By Bureau report
April 26, 2024
Khyber Pakhtunkhwa Information Technology Board (KPITB) and the Special Technology Zones Authority (STZA) signs an agreement in a ceremony on April 25, 2024. — Facebook/Khyber Pakhtunkhwa Information Technology Board - KPITB

PESHAWAR: The Khyber Pakhtunkhwa Information Technology Board (KPITB) and the Special Technology Zones Authority (STZA) signed an agreement in a ceremony devoted to the “Zone Development Agreement of Pakistan Digital City Haripur (PDC)”.

Advertisement

A handout said that the event, which officially declared PDC Haripur as a Special Technology Zone, is a significant step towards fostering innovation and technology-driven growth in Pakistan. Under the agreement, the PDC Haripur will enjoy tax incentives, making it a tax-free zone for enterprises operating within its premises. IT businesses affiliated with PDC Haripur will benefit from a 10-year tax exemption, which would foster a conducive environment for technological advancements. Guests attending the ceremony included Khalid Latif Khan, Special Assistant to the Chief Minister for Science & Technology and representatives from STZA and KPITB.

Advertisement