आपकी जीत में ही हमारी जीत है
loading...
01:09 AM | Sun, 04 Dec 2016

Download Our Mobile App

Download Font

South Korea to build IT park in Islamabad

289 Days ago

Islamabad: In its ongoing endeavours to improve ties with Pakistan, South Korea is building a $50-million IT park in Islamabad, the media reported on Thursday.

South Korean Ambassador Song Jong-Hwan said the Exim Bank of Korea has agreed to provide $50 million for the establishment of the park and South Korean teams are expected to conduct a feasibility study with assistance from the Ministry of IT and Pakistan Software Exports Board (PSEB), Dawn online reported.

It is expected that the IT park -- measuring about one million sq.ft. -- will attract international companies to develop software and hardware solutions and will also help boost the country's IT exports.

Song said bilateral trade between the two countries has declined by almost 34 percent in the last three years and said this should be a cause for serious concern for both sides.

The envoy said that Korea was cooperating with Pakistan in the energy sector as well and that the Korean Importers Association was looking for partners to import thousands of tonnes per month of good quality copper ore from Pakistan. (IANS)

Viewed 49 times
  • SHARE THIS
  • TWEET THIS
  • SHARE THIS
  • E-mail
You might also want to read

Our Media Partners

app banner

REVOLUTIONARY ONE-STOP ALL-IN-1 MARKETING & BUSINESS SOLUTIONS

  • Digital Marketing
  • Website Designing
  • SMS Marketing
  • Catalogue Designing & Distribution
  • Branding
  • Offers Promotions
  • Manpower Hiring
  • Dealers
    Retail Shops
    Online Sellers

  • Distributors
    Wholesalers
    Manufacturers

  • Hotels
    Restaurants
    Entertainment

  • Doctors
    Chemists
    Hospitals

  • Agencies
    Brokers
    Consultants

  • Coaching Centres
    Hobby Classes
    Institutes

  • All types of
    Small & Medium
    Businesses

  • All types of
    Service
    Providers

FIND OUT MORE