Saturday, July 6, 2024

China invests $1.5bn for Science Park in Islamabad

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Islamabad – 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.

Big news for the well-wishers 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.

Federal Minister for Science & Technology is visiting his Chinese counterpart in Urumqi, China for signing a memorandum of understanding(MoU).

Tanvir Hussain expressed his heartfelt gratitude to the Chinese government and said: We are looking to strengthen our mutual ties on economic as well as technological fronts. He added the project is just another step to add another layer to the friendship foundation that Pakistan and China have maintained for several years. The added advantage will be that more jobs will be created in the process, at least in the geographical region of Islamabad. While the project would commence construction in March 2016, let us keep on hoping that the project is not met with further delays and hiatuses, since it could require the Chinese investors to start adding more money as a result of the delay.

Federal Minister for Science & Technology, Rana Tanvir Hussain showed his utmost gratitude at this huge investment from the Chinese friends. He appreciated the interest of China in development of Pakistan.

Rana Tanvir Hussain, Federal Minister of Science and Technology, meets Mr. Liu Xinqi, General Commander for Xinjiang Corporation, Urumqi China
Rana Tanvir Hussain, Federal Minister of Science and Technology, meets Mr. Liu Xinqi, General Commander for Xinjiang Corporation, Urumqi China
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