STAFF REPORT LHR: Strong links between academia and the industry should be promoted to strengthen the economy and the government wants to integrate higher education with the economy and would allocate a large amount for education in the next budget.
Federal Minister for Planning, Development and Reforms Ahsan Iqbal said this while addressing the 3rd session of Invention to Innovation Summit organised by the Punjab Universitys Office of Research, Innovation and Commercialisation.
He said nearly 100 institutions had participated in the summit.
Punjab University VC Mujahid Kamran, Pakistan Science Foundation Chairman Khalil Ahmed, UMT Rector Hasan Sohaib Murad, IRP CEO Abid Sherwani and ORIC Director Amir Ejaz were also present.
Iqbal said the government wanted to integrate higher education with the economy and would allocate a large amount for education in the next budget.
He also said that the government wanted to increase the exports volume to $100 billion by 2025.
He said the government was setting up an innovation fund and wanted to provide maximum resources to universities.
He said, “Our future is associated with the progress in six areas; micro electronics, computers, telecommunication, robotic technology, man-made material and biotechnology.”
PSF chief Khalil Ahmed said the Pakistan Science Foundation took part in the Punjab Youth Festival to promote talent of the youth.