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Lahore Knowledge Park Company, IDAP inks MoU for civil works.

LAHORE -- Lahore Knowledge Park Company (LKPC) signed an agreement with Infrastructure Development Authority of Punjab (IDAP) to carry out civil works here at LKPC on Wednesday.

According to the arrangement, IDAP will be acting as executing agency for the construction works of LKP in two phases which includes security road, entrance gates, civic infrastructure and civic amenities for the development of Lahore Knowledge Park.

LKPC CEO Dr Zubair Iqbal Ghouri and Amir Mirza, General Manager Contracts inked the agreement. IDAP Chief Executive Officer Mujahid Sherdil and LKPC Chairman Lt. Gen. Mohammad Akram were also present.

According to the company source, construction works will begin at the site of LKPC by the end of December 2017 as the tendering process has been completed by the executing agency (IDAP).

It has been learnt that the civil works under the two initial packages will be finished within 8 months, which will enable the company to establish campuses of international varsities and R and D centers at LKP. Currently, LKPC is working towards hosting a consortium of three Italian universities; Politecnico di Torino, University of Bari, University of Bologna to setup Pak-Italy University of Engineering Science and Technology.

The company is also at a preliminary planning stage with one of the leading British medical teaching hospitals and various other Swedish and Chinese universities to setup their campuses at LKP. There are also high level prospects of host a frontline Turkish Techno park. Ground breaking of the Lahore Knowledge Park is expected to be held early next year.

As first knowledge and research park of Pakistan, LKP will prove to be an economic game changer for the country.

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Publication:Balochistan Times (Baluchistan Province, Pakistan)
Date:Dec 14, 2017
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