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Special Technology Zones Authority

From Wikipedia, the free encyclopedia
Special Technology Zones Authority
AbbreviationSTZA
FormationDecember 2020; 3 years ago (2020-12)
TypeGovernmental organization
Legal statusActive
HeadquartersIslamabad, Pakistan
Region served
Pakistan
Chairman
Azfar Mansoor
Parent organization
Cabinet Division
Websitewww.stza.gov.pk

The Special Technology Zones Authority (STZA) is a regulatory body established by the Government of Pakistan to promote and regulate the establishment and operation of Special Technology Zones (STZs) in the country. The authority is responsible for creating an enabling environment for the technology sector to thrive and attract local and foreign investments, fostering innovation, and driving economic growth.[1]

Background

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The Special Technology Zones Authority (STZA) Act 2021 was passed in Pakistan in order to solve the shortcomings of current models and offer technology industry-specific incentives. This law made the STZA the STZ ecosystem's architect, facilitator, and regulator.[2][3]

Established and Planned Special Technology Zones

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The 140-acre Islamabad Technopolis, located in Chak Shehzad, is the first STZ to be established. It will act as a hub for technological firms, high-technology manufacturing facilities, R&D facilities, educational institutions, training facilities, offices of organizations that support science and technology, and other support services. Plans have been prepared for Zone Enterprise (ZE) tenants in a prime location in Islamabad while infrastructural development for the Islamabad Technopolis is in progress.[4]

The Pakistan Digital City in Haripur,[5] the Lahore Technopolis in Lahore,[6] and the Pak-Austria Fachhochschule Institute of Applied Sciences and Technology (PAF-IAST) in Haripur are the other STZs that have been declared.[7][8]

References

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  1. ^ "Council Post: What Special Technology Zones Mean for Pakistan's Tech Industry". Forbes.
  2. ^ "Special Technology Zones". 31 May 2022.
  3. ^ https://na.gov.pk/uploads/documents/1617783286_315.pdf
  4. ^ "Work to begin on Islamabad Technopolis". 23 March 2022.
  5. ^ "Khyber Pakhtunkhwa is pleased to announce the launch of Pakistan Digital City Haripur". Kp.gov.pk. Retrieved 2023-07-19.
  6. ^ "PM Imran inaugurates Lahore Technopolis". 23 December 2021.
  7. ^ "Computer Sciences Admissions in KPK | Best University in KPK".
  8. ^ https://propakistani.pk/2022/06/02/14-technology-zones-to-be-set-up-across-pakistan-in-2022-23-stza/