The provincial IT Department Minister acquired 25,000 square feet space in Peshawar Deans Trade Center for setting up an IT Park on Monday.
The government has announced establishment of the two IT Parks last year to diversify its investment portfolio and promote IT Sector.
KPITB managing director Amjad Shahid Afridi, on the occasion said that the government had allocated Rs. 1 billion for the project for the next five years and agreed to release it once to prevent the project from possible interruptions in case of any change in political dispensation.
MD KPITB also mentioned that investors could set up call centers and business process outsourcing and software houses in the two parks but vendors and other services were not included it.