Karachi IT Park project faces fresh delay as two tenders fail to attract bids

A fresh setback has hit the Karachi IT Park project, with the federal government now planning a third tender after two bidding rounds drew no offers. According to Dawn, which cited a report prepared by the Ministry of Information Technology and Telecommunications, construction is now pushed back to June 2027. The ministry's deadline for reviewing the tender papers is October 25, 2026.

Before the third round opens, an independent construction contracts consultant will review the revised request for proposal. The ministry is seeking Korea Exim Bank's approval for a repeat tender by November 15, 2026, the date the new tender is scheduled to go out. Eligible Korean firms will take part in an open competitive process, with bids due on January 4, 2027, and technical and financial proposals will be assessed separately.

After evaluation, the Project Steering and Review Committee will consider the results and final recommendations before submission for approval, and Korea Exim Bank will give final approval of the bids. The official goal for signing the construction contract is March 25, 2027. Work is expected to begin in June 2027, subject to completing procurement and approvals.