Government Allocates 50 Million For Science & Technology Park In Federal Capital

To comply with the dynamics of the modern world and providing students with the facility for scientific research, the federal government has decided to establish a science and technology park in the federal capital Islamabad.

The information was revealed by an official from the Ministry of Science and Technology, as reported by a local news source.  

The modern facility will be established in the capital, with collaboration with leading educational institution COMSATS University Islamabad, revealed the official talking to APP. The government has allotted the amount of 50 million rupees for the establishment of the park and feasibility report of the project is being prepared by a renowned company. The park will not only help promote science-related research, but it will also definitely show the young entrepreneurs the way forward as well.

Also See: KPK Government Set To Establish Pakistan’s Very First Digital City

The technology parks are becoming an increasingly popular place worldwide. They provide a real sense of community, allowing companies in the same, relevant fields can cluster network and collaborate. They serve as the hub of innovation and advancement, which further propagates in the uniquely set environment.

COMSATS Rector Dr Raheel Qamar said that the newly established park will enable the students to use the state of the art facilities for scientific learning under one roof. The rector of COMSATS also added that the work on the project will be soon started immediately after the feasibility report is completed.

Back in 2017, National University of Science and Technology  (NUST) collaborated with HEC (Higher Education Commission) kickstarted the work on NSTP (National Science And Technology Park) is the federal capital. The project was expected to be completed by 2020 but the change in government has slowed down the work.

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