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Sunday May 05, 2024

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
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)”.

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.