Exciting news is on the horizon for Pakistan’s technology sector, with plans underway to construct a groundbreaking technology tower in Lahore. Let’s explore the details of this ambitious project that promises to redefine the country’s technological landscape.
A Game-Changing Collaboration
The CODE Science and Technology Park (CODE STP), in collaboration with the Special Technology Zones Authority (STZA), has unveiled plans for ‘The Mark’ – a towering symbol of innovation and progress in the heart of Lahore.
Valued at approximately $70 million, this 36-story marvel will be a beacon of technological advancement in Pakistan.
Fostering Technological Excellence
Hamza Saeed Orakzai, the Chief Market Development Officer at STZA, emphasized the project’s mission to support export-oriented technology firms, providing them with state-of-the-art facilities conducive to services, research and development (R&D), and product markets.
With Pakistan emerging as a supply-side market for the global technology sector, ‘The Mark’ aims to capitalize on the nation’s abundant technical talent and competitive labor costs.
A Catalyst for Growth
Upon its completion in 2026, ‘The Mark’ will stand tall as the tallest technology tower in Johar Town, Lahore. Boasting a staggering investment size of Rs. 20 billion, the project is designed to accommodate the needs of both foreign and local technology companies.
It will offer spacious environments tailored to specialized ecosystems. With a capacity to host 7,000 to 8,000 professionals during a single shift, ‘The Mark’ is poised to become a thriving hub of innovation and collaboration.
Pioneering Technological Advancement
Aligned with STZA’s vision, ‘The Mark’ will cater to a diverse array of technology sectors, spanning R&D, IT, Internet of Things (IoT), artificial intelligence, and more. This ambitious venture underscores Pakistan’s commitment to fostering a conducive environment for technological innovation and economic revitalization.
As stakeholders rally behind this transformative endeavor, it’s evident that ‘The Mark’ represents more than just a towering structure – it symbolizes Pakistan’s journey towards technological excellence and global competitiveness.