The Karachi IT Park project has hit another delay after two rounds of tendering failed to attract any bids, according to a report prepared by the Ministry of Information Technology and Telecommunications. The ministry now says work on the project is targeted to begin in June 2027.
Ministry sets new re-tendering plan
According to the ministry’s documents, a third tender will be issued after an independent review of the complete bidding documents. The ministry has set Oct 25, 2026, as the target date for completing the vetting of the bidding documents.
An independent construction contracts consultant will review the revised request for proposal, or RFP, before the re-tendering process.
Key dates in the revised process
| Step | Target date |
|---|---|
| Completion of vetting of bidding documents | Oct 25, 2026 |
| Approval for re-tendering from Korea Exim Bank | Nov 15, 2026 |
| Third tender to be issued | Nov 15, 2026 |
| Deadline for submission of bids | Jan 4, 2027 |
| Target date for signing the contract | March 25, 2027 |
| Target date for work to begin | June 2027 |
The ministry plans to obtain approval for re-tendering from Korea Exim Bank by Nov 15, 2026, with the third tender scheduled to be issued on the same date.
Interested eligible Korean companies will be invited to take part in an open competitive bidding process. Technical bids will be evaluated by the project’s technical committee, while financial bids will be assessed separately. After that, the Project Steering and Review Committee will examine the final recommendations.
Final approval of the bids will be obtained from Korea Exim Bank, according to the ministry’s documents. The government has set March 25, 2027, as the target date for signing the contract for the Karachi IT Park.
