News
Karachi IT Park Takes Shape Near Airport, Targets 15,000 Jobs and $100m ICT Exports
By Mariam Khan
Real Estate Analyst
3 min read
Karachi's new IT Park is under construction on roughly six acres adjacent to Jinnah International Airport, with a planned covered area of around 1.145 million square feet. The project is being developed by the Pakistan Software Export Board and is projected to support around 15,000 jobs while potentially generating approximately 100 million dollars in ICT exports once fully operational.
What the Park Will Actually House
The facility is planned to include corporate offices, incubation and co-working facilities, a data centre, and dedicated research facilities alongside other technology infrastructure. This mix means the park is designed to serve a full range of technology sector tenants simultaneously, from early stage startups using incubation and co-working space to established companies leasing full corporate offices, rather than catering to a single type of technology business alone.
Why the Airport Adjacent Location Matters
Placing a technology park directly next to Jinnah International Airport is a deliberate locational choice rather than an incidental one, since airport proximity is a genuinely significant factor for technology and export oriented businesses that rely on frequent travel for client meetings, international partnerships, and business development. This location also positions the park within one of Karachi's more accessible commercial corridors, which matters for attracting both the companies expected to lease space there and the employees expected to work there daily.
Why the Job and Export Targets Are Worth Taking Seriously
A projected 15,000 jobs and roughly 100 million dollars in ICT exports are substantial figures for a single development, and they are consistent with the broader push behind Pakistan's technology park programme, which has already established a large number of software technology parks across the country in recent years under the same general policy framework. A facility of 1.145 million square feet built specifically to house the technology sector's full range of business needs, offices, incubation space, and data centre capacity together, gives this project the physical scale needed to plausibly support job and export numbers of this magnitude, assuming occupancy fills in as planned.
What This Means for Property Around the Airport Corridor
A technology employment hub of this scale, once operational, is likely to generate meaningful secondary demand for property in the surrounding airport corridor, including office space for companies that outgrow the park itself, rental housing and apartments for the workforce the park is expected to employ, and retail and hospitality property serving both employees and visiting business travellers. This kind of commercial anchor effect typically builds gradually as a technology hub reaches meaningful occupancy rather than immediately upon groundbreaking, so property owners and investors in the airport corridor should treat this as a medium term development to track as construction progresses and the park begins attracting tenant commitments.