NUST signs agreement with consortium for development of NSTP

Staff Reporter

The National University of Sciences & Technology signed an agreement with a multinational consortium led by International Consulting Associates for the development and expansion of National Science & Technology Park.

The Transaction Advisory Services agreement between NUST and the multinational consortium led by iConsult, will augment NUST’s plans to develop NSTP by constructing eight towers in four phases over next 10-12 years on Public Private Partnership.

Shibli Faraz, Federal Minister for Science & Technology was chief guest. Speaking at the ceremony, Minister lauded NUST’s trailblazing efforts at the all-important STPs front.

He stated that strengthening and upgrading the innovation ecosystem of the country was his government’s top priority.

Under the leadership of Prime Minister Imran Khan, the Government of Pakistan is devising first startup ecosystem policy, which aims to solve the challenges facing national startup ecosystem.

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