Karachi IT Park hits snags again

Dawn reported that the Karachi IT Park project has been delayed again after two rounds of tendering drew no bids at all. The Ministry of Information Technology and Telecommunications has responded by adopting a new approach to awarding the project. According to a ministry report, work is now targeted to begin in June 2027.

A fresh tender will be floated only after the complete bidding documents undergo an independent review, with vetting targeted for completion by Oct 25, 2026. An independent construction contracts consultant will examine the revised request for proposal before re-tendering begins. The ministry expects Korea Exim Bank to approve re-tendering by Nov 15, 2026, the same day the third tender is scheduled to be issued.

Eligible Korean companies will be invited to an open competitive bidding process, with submissions due by Jan 4, 2027. A technical committee will review technical bids, while financial bids will be assessed separately before the Project Steering and Review Committee considers the final recommendations. Korea Exim Bank must still give final approval to the bids, and the government has targeted March 25, 2027, for signing the contract.