IT ministry to execute 17 new projects worth Rs 7,050m in FY 2021-22

News Image

MG News | October 06, 2021 at 02:46 PM GMT+05:00

0:00

October 06, 2021: The Ministry of Information Technology and Telecom (MOITT) would execute 17 new schemes amounting to Rs 7,050 million during the current fiscal year.

For new schemes, the government has allocated Rs 400 million in the Public Sector Development Programme (PSDP 2021-22) for the establishment of an IT park in Karachi, Rs. 365.528 million for hybrid power solution Solarization for remote sites in AJK, Rs. 365.528 million for hybrid power solution Solarization for remote sites in Gilgit Baltistan, Rs 160 million for national centers of Research innovation and entrepreneurship in AAI and allied technologies (NCRIE-AI) feasibility study and Rs 100 million for raising smart capital through the private trading market at PSK (PSEB).

While for the ongoing schemes, Rs 955 million were allocated for blended virtual education (VU), Rs 312 million for the establishment of SINO-Pak center for artificial intelligence, Rs 616 million for expansion of cellular services in AJK- GB, Rs 500 for protection and up-gradation of Pak-China Phase-1 CFC project of establishment of cross border connectivity project, Rs 1500 Technology Parks Development Project (TDP) at Islamabad, Rs 300 million for up-gradation of existing TDM based backhaul Microwave with IP based backhaul Microwave network in AJK and Rs 500 million for up-gradation of the transmission network and replacement of optical fiber cable in AJK and GB.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 166,242.90
704.43M
1.49%
2436.69
ALLSHR 101,132.82
1,476.65M
1.29%
1287.02
KSE30 50,886.61
318.61M
1.52%
762.76
KMI30 241,116.65
128.48M
1.08%
2586.15
KMIALLSHR 66,519.44
717.61M
0.94%
621.34
BKTi 47,711.07
207.32M
2.87%
1330.11
OGTi 32,418.62
12.56M
1.76%
561.21
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 111,075.00 111,945.00
107,690.00
4400.00
4.12%
BRENT CRUDE 60.95 61.55
60.07
-0.34
-0.55%
RICHARDS BAY COAL MONTHLY 80.50 0.00
0.00
-1.50
-1.83%
ROTTERDAM COAL MONTHLY 92.75 92.75
92.75
-0.25
-0.27%
USD RBD PALM OLEIN 1,085.00 1,085.00
1,085.00
0.00
0.00%
CRUDE OIL - WTI 56.97 57.43
55.96
-0.18
-0.32%
SUGAR #11 WORLD 15.77 15.78
15.51
0.27
1.74%

Chart of the Day


Latest News
October 20, 2025 at 07:15 PM GMT+05:00

Bank deposit rate falls to 5.28% in September


October 20, 2025 at 05:14 PM GMT+05:00

Pakistan imports from China clocks in near $1.7bn


October 20, 2025 at 05:03 PM GMT+05:00

Pakistani fashion shows shine in China



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg