Islamabad to have Pak-China Technology Park



STAFF REPORT ISB: Minister for Science and Technology Rana Tanveer Hussain has said that a Pak-China Technology Park will be set up in Islamabad.

interesting reading:  81 Pakistanis Part Of World’s Top 2% Scientists


“The Pak-China Science, Technology, Commerce and Logistic Park would serve as platform for technological, commercial linkages between the two countries,” the minister while addressing a press conference here.


He revealed that the project would be established at a cost of 1.5 billion dollars.


Giving details of the project, the Minister said it would be set up as part of the China-Pakistan Economic Corridor.

interesting reading:  Pursuing Epigenetic Cause Of Alzheimer’s Disease


It would serve as a platform for technological and commercial linkages between Pakistan and China besides promoting investment and financing, e-commerce and research and development.


Rana Tanveer said that Pakistan would provide 500 hectares of land for the establishment of the Park and all other investment would be made by China.


He said three sites have tentatively been identified and a delegation of Xinjiang Production and Construction Corporation is arriving this month for finalization of the site.

interesting reading:  5 AI Trends Profoundly Benefiting Business Bottom Lines


He said foundation stone of the project is expected to be laid in March next year and it would be completed in ten years in three phases.

Web Team

Web Team

Technology Times Web team handles all matters relevant to website posting and management.

Leave a Reply

Your email address will not be published. Required fields are marked *

Captcha loading...