*LAHORE - *Pakistan’s first science, technology and innovation park is set to be launched.
It will start functioning by December 5 this year at the Pakistan Council of Scientific and Industrial Research (PCSIR), Lahore.
It will help the industrial sector switch over to knowledge-based economy with a multi-dimensional chain of value addition.
Speaking at a meeting at the Faisalabad Chamber of Commerce and Industry (FCCI) on Saturday, PCSIR Chairman Dr Shahzad Alam said another proposal was under consideration to set up a dedicated science and technology park for the textile sector in Faisalabad.
“It provides innovative ideas in addition to upgrading technology and value addition in existing as well as new industrial units,” he said and added over the last 70 years, successive attempts had been made to promote the knowledge-based industry in Pakistan.