PTCL & KP government sign an agreement for establishment of Incubation Center

Pakistan Telecommunication Company Limited (PTCL) has inked a strategic agreement with the Khyber Pakhtunkhwa Information Technology Board for provision of ICT services and a facility to establish a state-of-the-art Incubation Center (Innovation Lab) and Software Technology Park (STP) in Peshawar.

The Incubation center and STP will have fully managed IT & Telecom services such as High-Speed Internet, International connectivity, Voice, and WiFi solution for the young startup entrepreneurs and IT companies. PTCL will be extending Cloud services and surveillance solutions to companies in the incubation center and in the STP. PTCL will also provide mentorship to tech startups, enrolled in the incubation center.

Adil Rashid, Chief Digital Services Officer, PTCL, speaking on the occasion said,

“We are delighted to extend our partnership with Government of Khyber Pakhtunkhwa in the field of IT & Telecom. We are honored that KP IT Board has selected PTCL as a partner for establishing incubation centers and STPs in the province. The initiatives taken by the KP IT Ministry for the growth of ICT sector will help transform key sectors as health and education. PTCL remains committed to improving the lifestyle and empowering people through its futuristic and diversified products and digital services.”

Speaking on the occasion, Shahram Khan, Senior Minister for IT and Health, KP, said,

“KP Govt from its start had a strong vision of serving its citizens by providing innovative services to the masses of KP and has already initiated many projects of public welfare. The Durshal Project & STPs will not only enable IT and Tech start-ups to grow their business, but will also provide job opportunities for fresh graduates in the field of IT & business management.”

The facility will provide cost-effective office solution equipped with latest ICT services under one roof. The establishment of incubation center will go a long way in the growth of IT business in KP province and will enable young and creative tech startups to grow their businesses and contribute to country’s GDP.