ISE Tower | |
---|---|
General information | |
Type | Office |
Location | Islamabad-44000, Pakistan |
Coordinates | 33°42′43″N73°03′28″E / 33.7119°N 73.0578°E |
Completed | 2009 |
Height | |
Roof | 76 m (249 ft) |
Technical details | |
Floor count | 19 |
Website | |
isereit |
The ISE Tower is a high-rise building located at 55, Jinnah Avenue of the Blue Area business district of Islamabad. [1] The building was originally designed to serve as a stock exchange building. However, following the merger of the Islamabad Stock Exchange in 2016, the tower has been repurposed as an office building. [2]
Constructed at a cost of Rs 2.5 billion, the ISE management independently generated the necessary capital for the project, which was completed in under four years. [3] It was inaugurated in 2009 by then-Prime Minister of Pakistan, Yusuf Raza Gilani. [4]
The building features three basements, each spanning 50,000 square feet, designated for employee parking. [3] Despite the expectation of hundreds of daily visitors upon full occupancy, the planners did not allocate sufficient space for visitor parking. [3] The main features of the 22-storey building include a bronze bull statue and the largest electronic screen in Pakistan, measuring 15 feet high and 10 feet wide. [3]
Unlike other stock markets, the ISE Tower does not include a trading hall, as stock market trading is no longer centralized. [3] To meet the high demand for telephone lines and internet connections, the PTCL has established a hub of 5,000 lines. [3] The entire building is connected via optic fiber, with no copper wire internet connections, resulting in an additional cost of Rs 250 million. [3] The state-of-the-art firefighting system installed in the building cost up to Rs300 million. [3]
The Islamabad Capital Territory is the only federal territory of Pakistan that is centred around Islamabad, the capital of Pakistan, located on the northern edge of the Pothohar Plateau and at the foot of the Margalla Hills in the northwestern area of the Punjab region. The territory shares borders with the province of Khyber Pakhtunkhwa in the west and with the province of Punjab in the remaining directions. It covers an area of 906.5 square kilometres (350.0 sq mi) and according to the 2023 national census, has a population of over 1 million in the city proper, while over 2 million in the whole territory.
Islamabad is the capital city of the Islamic Republic of Pakistan. It is the country's ninth-most populous city with a population of over 1.2 million people and is federally administered by the Pakistani government as part of the Islamabad Capital Territory. Built as a planned city in the 1960s and established in 1967, it replaced Karachi as Pakistan's national capital.
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Oil & Gas Development Company Limited, commonly known as OGDCL is a Pakistani state-owned oil and gas company headquartered in Islamabad. It has a primary listing on the Pakistan Stock Exchange, and secondary listing on the London Stock Exchange. The rest are held by private investors. For the financial year 2022, it reported net sales of Rs 335.46 billion and profit of Rs 133.78 billion.
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Islamabad International Airport is an international airport serving Islamabad, the capital city of Pakistan and Rawalpindi. It is located 25 km (16 mi) south-west of the city, and is directly connected to the Lahore and Peshawar motorways as well to the capital city Islamabad via Srinagar Highway.
Islamabad is located in the Pothohar Plateau in the northern part of Pakistan, within the Islamabad Capital Territory. It is a well-organized city divided into different sectors and zones. It was ranked as a Gamma + world city in 2020. The city is home to Pakistan Monument, which is built on top of a hill in Shakarparian, and the Faisal Mosque, one of the largest mosques in South Asia and the sixth -largest mosque as per area in the world. The Capital Development Authority is tasked with developing the city and its facilities.
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