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First National Science and Technology Park inaugurated in Islamabad

By Staff Reporter | Gwadar Pro Dec 11, 2019

ISLAMABAD, Dec. 10 (Gwadar Pro) - Prime Minister Imran Khan inaugurated the country's first National Science and Technology Park (NSTP) at the National University of Science and Technology (Nust) on Monday.

Launched under the theme of 'Innovate Pakistan', the NSTP will serve as a launchpad for researchers, innovators, and entrepreneurs to transform innovative ideas into successful products and services while promulgating a culture of entrepreneurship in Pakistan, reported the Dawn News website.

The program will augment the government's new 'Kamyab Pakistan' program, which is aimed at youth development.

The NSTP has received attention since the Public Private Partnership Authority have the university approval to initiate the process. 

National and international companies including Turkish Aerospace Industries Inc, Hytera Communications Co from China, ABB from Switzerland, APIMatic from New Zealand, Rapidex from the United Arab Emirates, Alpha Squad, Jhpiego and Chemonics from the United States, NLC Smart Solutions, Graana Innovation Lab, Pharmatech Pakistan and many others are among its tenants.

While addressing the ceremony, Mr. Khan said the government was determined to turn Pakistan into a knowledge-based economy.

He also told the audience that he has formed task force headed by Dr. Attaur Rahman that will help enhance Pakistan's technological competence through capacity building and integration of innovation systems. He said that the government's 'Start-up Pakistan' programme is aimed at generating 10,000 start-ups and engaging 100,000 students in learning new technologies by 2023.

Highlighting some initiatives taken and under consideration at the ministry, Minister for Science and Technology Fawad Hussain Chaudhry mentioned 'Think Future' programme, which will initially focus on seven key emerging technologies. He said the government had also directed its focus toward innovative technologies in biotechnology to ensure their tangible contribution to the GDP.

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