Knowledge-based economy essential for country: Experts

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Professor Ata-ur-Rehman, Chief of the Prime Minister’s National Task Force on Science and Technology and Patron of the International Center, has said that we should make every effort to establish a “knowledge-based economy” in Pakistan.

The development budget for science and technology has increased 600-fold, in collaboration with the International Center for Chemical and Biological Sciences (ICCBS), Karachi University and OIC Comstick.

The two-day Comcast ICCBS International Exhibition on “Technology Function in Care” will be held from September 8 to 9 at ICCBS Karachi University.

He said this while addressing a press conference at LEJ National Science Information Center, Karachi University on Monday.

The press conference was also addressed by Prof. Dr. Muhammad Iqbal Chaudhry, Head, ICCBS Karachi University and Coordinator General of COMSTEC.

Prof. Ata-ur-Rehman said that Pakistan needs to make every effort to establish a “knowledge-based economy” to be a part of the Fourth Industrial Revolution.

Has taken the first step with the establishment of the Academic Economy Task Force for the construction and development of and has also invested in a number of projects under it.

He said that the establishment of the Academic Economy Task Force is bringing a silent revolution in the country, as it will boost the technology-driven economy, which will lead to higher education, technical expertise, human resource development, artificial intelligence.

There will be stability. He said that various development projects worth Rs. 120 billion were submitted for approval out of which several have been approved and are being implemented.

He said that recognizing biomedical devices and healthcare services, the ICCBS Technology Park and Technology Incubation Center is organizing this two-day Comcast ICCBS International Exhibition, the main objective of which is commercial. Highlighting the role of modern devices available and developed as prototypes.

Prof. Iqbal Chaudhry in his address said that various educational and research institutes of the country have increasingly participated in the national fight against the global epidemic while ICCBS Karachi University has also been at the forefront of this national service.

So far, more than 300,000 PCR-based corona viruses have been tested under the Dr. Panjuani Center for Molecular Medicine and Drug Research, National Institute of Virology, University of Karachi, which assesses the institute’s research potential.

With a capacity of 2,500 tests, it is the largest facility in the country, the construction of which was personally overseen by Sindh Chief Minister Syed Murad Ali Shah.

He said that the International Center is a leading scientific research institute in the world.

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