The first ever science and technology Park will be launched at Pakistan Council of Scientific and Industrial Research (PCSIR), Lahore. The park is established with the collaboration of National Institute of Biotechnology and Genetics Engineering (NIBGE) and other research institutes. The idea of establishing a science and technology park in Pakistan was inspired by Chinese model, which helped Chinese economy prosper.

The main aim of developing a science, technology and Innovation Park is promotion of development, documentation, protection and commercialization of innovations in science and technology. The idea of the park is to provide same platform to Universities and research industries to share new advancements and innovations made in the field.

Through innovation of these parks, investment can be brought to educational field, new jobs emerge and thus help boost in the economy of the country. Formation of these parks is a wide spread practice adopted by many countries, the research projects completed in these parks have made further developments in existed researches.

While addressing a meeting in Faisalabad Chamber of Commerce and Industry (FCCI), on Saturday, Chairman Pakistan Council of Scientific and Industrial Research (PCSIR), Dr. Shahzad Alam said that “It provides innovative ideas in addition to upgrading technology and value addition in existing as well as new industrial units.”

The first ever was established in 1950’s in Stanford University (USA). Even though, the science, technology and innovation park is coming to Pakistan almost 70 years late, but it will surely provide elements of knowledge economy to Pakistan. Just like China and other countries, which by the virtue of these parks have fostered the growth of tenant firms . These tenant firms with the help of affiliated universities share knowledge based on research that resulted in many viable commercial products.

Science and technology industry in Pakistan can be called under developed, Pakistan’s gross domestic expenditure on R&D (GERD) from 0.29% (2013) to 0.5% of GDP by 2015 then to 1% of GDP by the end of the current government’s five-year term in 2018 (wiki source).

Although Pakistan produces a large number of able and efficient scientists, engineers, doctors and technicians in Asia, but still the industry requires more investment for it to become a major participant in economy sustainability. Abdus Salam, Salimuzzaman Siddiqui and Atta-ur-Rahman are notable scientists of Pakistan; they have contributed a lot in the field of science internationally.

Here is the list of scientific research institutions (SRI) in Pakistan.

  1. National Institute for Biotechnology and Genetic Engineering, Faisalabad, Pakistan.
  2. H.E.J. Research Institute of Chemistry
  3. Dr. Panjwani Centre for Molecular Medicine and Drug Research
  4. National Center for Physics
  5. National Institute for Biotechnology and Genetic Engineering
  6. Abdus Salam School of Mathematical Sciences
  7. PU Centre for High Energy Physics
  8. Atta-ur-Rahman School of Applied Biosciences, NUST[25]
  9. Institute of Space and Planetary Astrophysics
  10. National Engineering and Scientific Commission
  11. Pakistan Institute of Nuclear Science and Technology
  12. Institute of Space Technology
  13. Council of Scientific and Industrial Research
  14. Nuclear Institute for Agriculture and Biology
  15. Nuclear Institute for Food and Agriculture
  16. Technology Resource Mobilization Unit
  17. Federal Bureau of Statistics
  18. Mathematics Statistical Division