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The ground breaking ceremony was held on july 3rd , 2006. The construction is under way and estimated completion date is December, 2008



INTRODUCTION

A Software Technology Park (STP) is the need of the hour as there is tremendous demand for Call Centers, Off-Shore software development, Business Process Outsourcing (BPO), IT Outsourcing (ITO), Application Maintenance Outsourcing (AMO), and Tele-Medicine opportunities. It would also kick start economic activity in Lahore in the construction as well as IT industry. The Government of Punjab has given approval to Punjab Information Technology Board (PITB) to plan and develop Software Technology Park (STP) at 346-B Ferozepur Road, Lahore.

 
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FAQs for STP

This initiative will send a clear message to the IT industry in Pakistan as well as abroad that the Punjab Government is committed to the growth of IT in Punjab. It will also help share Government of the Punjab's IT vision with the IT industry and the general public. In addition, it would attract foreign investors to Punjab, which would provide boost to Pakistan’s overall economy. This initiative is in line with the vision of President of Pakistan, General Pervaiz Musharaf and Federal Government’s policy of promoting IT in Pakistan and providing the right business environment to foreign investors.



The STP will be a one-window operation to attract foreign direct investment (FDI) in Punjab. One-window operation would allow the foreign investors to start IT and IT-enabled businesses in an expeditious manner and it will provide boost to the local economy.


The software technology park would have world class infrastructure, layout and system of civic services. The planning, designing and development of the software park will reflect the latest trends, styles, specifications and management systems.


  		 

 

The STP would be equipped with state-of-the-art facilities like wireless LAN/WAN, VSAT, video conferencing, disaster recovery sites, R&D labs, Tele-Medicine, IT incubation center, training institutes, IT University, and a global data center. The STP would also offer supporting services such as travel & banking services, health club and security and safety systems. The idea is to have all IT and IT-enabled services under one roof.


STP INFORMATION

COST 3.342 billion ($54.79 million USD)
FLOORS 17
OFFICE SPACE 475,000 Sq. Ft.
CAR PARKING Indoor Parking Area
MOTORCYCLE PARKING Indoor Parking Area
NO. OF LIFTS/ELEVATORS 8


  		 

 
WHAT WILL SOFTWARE TECHNOLOGY PARK (STP) OFFER ?
  • 17-Storeys with 475,000 Sq. ft. covered area
  • State-of-the-art Office Space for IT & Telecom Companies
  • Fiber Optic, Wireless LAN / WAN, WiMax & VSAT Technologies, Global Data Center
  • 24-Hour Central Cooling and Heating System
  • 24-Hour Security Surveillance & Power Backup System (Triple Source Power System)
  • Resturants and Cafes, Auditorium, Gymnasiam, Medical Center, Prayer Halls
  • Indoor Parking Area for Cars & Motorcycles
  • Banking and ATM Services

WHAT WILL SOFTWARE TECHNOLOGY PARK (STP) HOUSE ?
  • Software and Hardware Companies
  • Call Centers
  • Business Process Outsourcing (BPOs)
  • Application Maintenance Outsourcing (AMOs)
  • Internet Service Providers (ISPs)
  • Telecom Companies
  • Disaster Recovery Sites
  • Tele-Medicine Providers
  • High-end Retailers (Only in Retail Space Area)
  • Leading International Brands (IT & Telecom Companies)
  • Food Chains (Only in Food Court Area)
  • Banks
  • Management & IT Consulting Firms
  • IT & IT enabled businesses
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