| ISE Tower | |
|---|---|
 | |
|
| |
| General information | |
| Type | Office |
| Location | Islamabad-44000, Pakistan |
| Coordinates | 33°42′43″N 73°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]
History
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]
Building
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]
Companies headquarters
- Air China Pakistan office
- British Airways Pakistan office at 11th Floor
- Etihad Airways Pakistan office
- OMV Pakistan office at 17th Floor [5]
- ICBC Pakistan office
- NEC Worldwide (Pakistan) (Nippon Electric Company of Japan) (ground floor) [6]
- Airblue (12th floor) [7]
- MOL Pakistan (17th though 19th floor) [8]
See also
References
- ^ "The Islamabad Stock Exchange Towers, one of the highrises, inaugurated as Tobacco-Smoke Free Facility – TCC".
- ^ https://www.pakistantoday.com.pk/2016/02/17/post-merger-ise-becomes-ise-towers-reit-company/
- ^ a b c d e f g h "Bull in a bear market". DAWN.COM. 30 July 2009.
- ^ Reporter, A. (1 August 2009). "Delay in India talks to help terrorists: PM". DAWN.COM.
- ^ "Official Website of Pakistan Petroleum Exploration and Production". www.ppepca.com.
- ^ NEC Worldwide (Pakistan) company located at Islamabad Stock Exchange Towers Retrieved 4 January 2018
- ^ Airblue Airlines located at Islamabad Stock Exchange Towers "Airblue Limited (Corporate Headquarters) 12th Floor, ISE Towers 55-B Jinnah Avenue Islamabad 111-247-258." Retrieved 4 January 2018
- ^ " Pakistan Petroleum Exploration & Production Companies Association "OMV (Pakistan) Exploration GmbH, Islamabad Stock Exchange Towers, 55-B, Jinnah Avenue, Blue Area, Islamabad.", Retrieved 4 January 2018