The four teams in the PCB's Women's League are set to comprise of 12 local and six overseas players ©Getty Images

The Pakistan Cricket Board (PCB) has revealed plans to launch a four-team women's T20 tournament in March next year.

The Women's League has been scheduled for March 3 to 18, with all matches set to be played at the Pindi Cricket Stadium.

The four city-based teams competing are each eligible to build teams of 12 local and six overseas players.

They are set to play each other twice before the top two ranked sides face off in a standalone final.

Matches are due to be played alongside the men's Pakistan Super League, which is scheduled for February 9 to March 19 and has run since 2016.

The Indian Premier League (IPL), considered the leading men's T20 cricket league in the world, is also set to run a six-team Women's IPL for the first time next year, replacing the current Women's T20 Challenge.

Dates for the Women's IPL are yet to be announced, but the tournament is currently scheduled for March which could mean it clashes with The Women's League in Pakistan.

Earlier this year, the PCB promoted eight women's players, meaning that 20 are now on central contracts.

PCB chairman Ramiz Raja claimed that the creation of The Women's League would help to further develop the women's game in Pakistan.

"I am delighted to announce the women’s league," he said.

"This league will attract young women cricketers to this great sport and help our current players further enhance their skills when they will get to share dug-outs with the overseas players.

"The league will feature present and past trailblazers in women’s cricket in what promises to be an exciting 13-match event.

"To amplify the coverage and promotion of this initiative, some of the matches will precede the HBL Pakistan Super League 8 matches.

"This event is aligned to our strategy of making Pakistan a stronger cricket playing nation across all formats and genders.

"We are not only creating attractive brands to strengthen our cricket economy, but through this tournament are also providing career opportunities to our women cricketers.

"The more our women cricketers will participate in high-pressure events, the more they will learn.

"The PCB is a strong proponent of empowering women to shine brighter.

"By engaging our women, which form 49 per cent of the country’s population, we will enhance the economic and social prosperity of our country."

Pakistan are ranked sixth in the International Cricket Council's women's T20 rankings.