Pakistan inaugurates first science tech park

Pakistani Prime Minister Imran Khan on Monday inaugurated the country's first science and technology park in the capital Islamabad.

It was established at the National University of Science and Technology, a leading higher education institution of the country.

"This is a big achievement and we are determined to turn Pakistan into a knowledge-based economy and innovation by utilizing the energies of youth at proper platforms," Khan said, addressing the inaugural ceremony aired on state-run Pakistan Television.

The project would extend to the other parts of the country as well, he added.

The park will host start-ups in diverse areas, particularly agriculture, health and smart technologies.

"This park will serve as a launchpad for the country’s leading researchers, innovators, and entrepreneurs," said Technology Minister Fawad Hussain.