MIRPUR : We have to synergize the efforts of all stakeholders, especially government, universities, industry and the diaspora community to foster innovation and entrepreneurship through higher education and industrial growth, said Sardar Masood Khan, President Azad Jammu and Kashmir.
The President made these remarks while addressing participants at the inauguration ceremony of the Distinguished Innovations, Collaboration and Entrepreneurship (DICE) – 2017 Mega Event held at Mirpur University of Science and Technology (MUST) here in Mirpur.
The President praised DICE, MUST, Higher Education Commission (HEC) and the British Council for the their efforts in bringing together a large number of faculty members and students making innovation and entrepreneurship a part of our national DNA, helping generate wealth, self-sufficiency, and effectively making digital technologies available to the masses of Azad Kashmir.
Azad Kashmir, said President Masood Khan, has a vast network of educational institutions, highest overall educational score, universities focusing on cutting edge disciplines such as science, technology, business management, information technology, and women graduates entering into the market thereby making its landscape ripe for transition and a welcome sight for entrepreneurs.
President AJK while addressing the participants said that Azad Kashmir is a land of transformation and opportunities. He added that an economic revolution is unfolding led by transformative initiatives in road infrastructure, energy, industry, agriculture and telecommunications. He added that soon 3G and 4G technology will cover the entire territory of Azad Kashmir and in due course ground will be prepared for the next generation – 5G.
President Masood Khan said that in the next six to seven years, with the completion of the Neelam-Jhelum, Gulpur, Karot and Kohala hydropower projects, energy capacity is set to grow three-folds from the current 1650 MW to 4500 MW. In 10 to 15 years, he added, Azad Kashmir will be able to increase its hydropower generation to 8,000 MW, helping meet Azad Kashmir’s own industrial and household demand and enabling it to contribute an estimated surplus of 6,000 MW to Pakistan.
“The real game changer will be the Special Economic Zone to be built in Mirpur under the auspices of the China-Pakistan Economic Corridor (CPEC). This will be further buttressed by other mega CPEC projects like the Mansehra to Mirpur Expressway, and Kohala and Korat hydropower projects”, said President AJK.
Being a treasure trove of minerals Azad Kashmir has vast mineral deposits of marble, granite, phosphate, graphite, bentonite, bauxite, gold and coal, in varying quantities, along with some of the finest reserves of ruby, sapphire, topaz and tourmaline. Modern means of mineral extraction for maximum output while protecting our eco-system is our focus, he said. Through research, enterprise, use of sophisticated machinery and public-private partnerships, minerals can be extracted through modern means to gain maximum output; all the while concentrating our efforts in promoting lapidary craftsmanship promoting production of high-priced end products, he further added.
President Masood Khan said that in the future reliable road network and a chain of motels, theme and sports parks, and development of reservoirs, sanctuaries and historical sites will help attract and absorb the growing number of tourists coming to AJK. This, he said, will equally appeal to small and large scale local and foreign investors.
The President urged building a knowledge based economy and exploiting the full potential of Azad Kashmir owing to its high literacy rate, emphasis on higher education, trained workforce, a youth bulge comprising 60 percent of the population, availability of raw materials, and a strong and sizeable diaspora.
He urged that with various dominant sectors shaping the future markets of AJK, it is imperative to build an early interface between the curricula and skill sets of the educational institutions with the existing and emerging markets making skills taught at schools and colleges more compatible with the workplaces.
President Azad Kashmir on the occasion said that innovation will not flourish without dynamic entrepreneurship, and entrepreneurs in Azad Kashmir and Pakistan, when contemplating new businesses and startups, must fully acquaint themselves with the operating environment and then try to set new trends. Adaptation of existing technologies, innovation and entrepreneurship can move in tandem, as we forge ahead towards a modern economic system, he added.
President Masood Khan said that the collaboration between DICE-MUST would help match skills and jobs and would reduce mismatches which has been the leading cause of unemployment among the educated youth of AJK.
The ceremony was attended by Vice Chancellor MUST Professor Dr. Habib-ur-Rehman, Chairman of the DICE Board Dr. Khurshid Qureshi, Manager International Higher Education British Council Ms Sarah Pervez, Advisor Human Resource Development HEC Mr. Wasim Hashmi, academicians, faculty members and students.
Orignally published by NNI