Pakistan, Oct. 16 -- The Capital Development Authority (CDA) and the Special Technology Zones Authority (STZA) have agreed to form a Joint Working Group (JWG) to expedite the establishment of a Special Technology Zone in Islamabad, marking a major step toward transforming the federal capital into a technopolis city.

The decision was made during a high-level meeting jointly chaired by Chairman CDA Muhammad Ali Randhawa, and Chairman STZA, Azfar Manzoor, at the CDA Headquarters on Wednesday. Under the proposed framework, STZA will act as the regulator, issuing licenses to high-tech firms, while CDA will serve as the development , responsible for the zone's physical planning and infrastructure. The newly formed Joint Working Group will eval...