Punjab Central Business District Development Authority (PCBDDA), also recognized as Central Business District
Punjab (CBD
Punjab), and the Pakistan Software Export Board (PSEB) have solidified a momentous Memorandum of Understanding (MoU) to foster the inception of Pakistan’s premier IT hub, Nawaz Sharif IT City as per the directives of Chief Minister
Punjab Maryam Nawaz Sharif. The signing of this MoU marks a significant stride towards the establishment of Nawaz Sharif IT City, slated to be the country’s foremost and largest IT precinct.
By joining forces, CBD
Punjab and PSEB pledge to fortify the global competitiveness of the provincial IT sector and propel sustainable growth within
Punjab’s burgeoning IT industry. CBD
Punjab and PSEB are committed to curating comprehensive databases encompassing entrepreneurs and freelancers across the province. This concerted effort aims to bolster support structures and opportunities for local talents, positioning
Punjab as a thriving hub for
innovation and entrepreneurship.
The MoU signing ceremony took place at the closing ceremony of ITCN Asia and was attended by prominent figures from the IT and corporate world, including H.E. Dima Yahya, Secretary General, Digital Corporation Organizati
on, Minister for State IT & Communication Shiza Fatima Khawaja, Director Business Development CBD
Punjab, Ali Waqar Shah, Director Marketing CBD
Punjab, Waseem Siddiq, Director Architecture & Planning CBD
Punjab, Sameer Aftab Sial, Director Project Management CBD
Punjab Asif Iqbal, and others. The MoU was signed by Imran Amin, CEO CBD
Punjab, and Humera Ayesha Moirani, CEO PSEB.
Moreover, CBD
Punjab and PSEB will collaborate to fortify the vital nexus between academia and the IT industry. Through strategic part
nerships and initiatives, both entities seek to bridge the gap between academic institutions and the dynamic demands of the IT landscape, nurturing a symbiotic relationship that fuels
innovation and talent development. Furthermore, PSEB will extend facilitative support to CBD
Punjab in fostering collaborations between local IT enterprises, registered with PSEB, and their counterparts both domestically and internationally. By facilitating part
nerships, the MoU aims to catalyze knowledge exchange, technology transfer, and market expansion opportunities for local IT firms.
While addressing the ceremony Imran Amin, CEO CBD
Punjab, said “The signing of this MoU signifies a pivotal moment in
Punjab’s trajectory toward becoming a nucleus of technological
innovation and economic prosperity. I extend my gratitude to Chief Minister
Punjab, Maryam Nawaz Sharif, trusting the capabilities of the authourity and entrusting CBD
Punjab with the establishment of Nawaz Sharif IT
City. Through strategic collaborations with PSEB, our goal is to unlock the complete potential of
Punjab’s IT ecosystem, fostering inclusive growth and prosperity for all stakeholders.”
This part
nership between CBD
Punjab and PSEB underscores their shared commitment to fostering a conducive environment for the growth and flourishing of the IT industry in
Punjab. Together, they are poised to propel Nawaz Sharif IT City to unprecedented heights, ushering in a new era of technological advancement and economic vitality in the region.