Ministry of Information Technology and Telecommunication will establish a Center of Excellence (CoE), in collaboration the University of Karachi at an estimated cost of Rs two billion, aimed at promotion the animation industry and capacity building of professionals.
The center, being set up in the building of Sheikh Zayed Institute on University Road, was spanned over 28,000 square feet and it would be larger than any incu-bation center in Pakistan and unique in terms of facilities, official sources told APP.
They said rupees one billion would be spent on provision of equipment and facili-ties while rupees one billion on account of five-year expenditures.
“We aim to empower our youth to take a larger chunk off the current global ani-mation market of about US $ 370 billion,” they said.
They said, “We must tell the world that our youth is at par with the world in adapt-ing to this creativity and will take their due share from the current global market of US $ 370 billion.” —APP
