China to build $1.5bn ‘Pak-China Science Park’ in Islamabad
Posted by HAMZA
Pak-China friendship has always been phenomenal and the landmarks they have achieved together are the biggest proof of their strong bonding with each other.
Another big news for the wellwishers of Pak-China is that China will be investing $1.5 Billion to set up ‘Pak-China Science Park’ in Federal capital of Pakistan, Islamabad.
In this regard, the Memorandum of Understanding (MoU) has been signed by the Pakistan’s Minister for Science and Technology Rana Tanvir Hussain and his Chinese counterpart UN Urmaqi.
Pakistani Federal Minister who is on a visit to China, at the signing of the project he also invited Chinese investors to visit Islamabad in next month and finalise the site for the project as it is scheduled to commence from March 2016.
Speaking at the event, Minister for Science and Technology Rana Tanvir Hussain has said China and Pakistan had a lot to share with each other in term of technology, expertise and business.
Rana Tanvir Hussain also expressed his gratitude to the Pakistan’s ally for investing such a huge amount on technology sector in Pakistan.
His Chinese Counterpart on this occasion said, “We are looking to strengthen our mutual ties on economic as well as technological fronts.”
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