What happened: The picturesque location of Swat, Mingora, gets its first-ever technology park, “as it was set up in Swat under a public-private partnership.” It has been set up in Mingora with the help of the Pakistan Software Export Board in collaboration with Vertex Tower. The PSEB is quoted as, “A total of eight to ten companies can avail themselves of the office spaces in this software technology park, and two companies have also shifted here.” 

Details: It is located on 17950 square feet, and the companies wanting to have an office have been offered the rate of fifty rupees per square foot, “IT companies will get a 25% rental subsidy and one-year rent-free internet facility.” At the same time, the Software Technology Park would not only be an option for the offices, but it would also create employment chances for the youth of Swat. 


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