MOST/ XPCC – Pak-China Science and Technology Park – Islamabad - Project Profile
"MOST/ XPCC – Pak-China Science and Technology Park – Islamabad - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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The Government of Pakistan, through its subsidiary, Minister for Science and Technology (MOST) and Xinjiang Production and Construction Corps (XPCC) are jointly planning to undertake Pakistan-China Science and Technology Park in Islamabad, Pakistan.
The project involves the construction a Science, Technology, Commerce and Logistic Park on a 500ha of land in three phases.
COMSATS Institute of Information Technology (CIIT) acts as a developer for Science and Technology City and National Logistics Cell (NLC) have been appointed as a developer for Commercial and Logistics Park.
It includes the construction of classrooms, laboratories, teaching facilities, research centre, hotels, malls, housings, storage facilities, parking and related facilities.
On November 25, 2015, MOST signed a memorandum of understanding (MoU) with XPCC for the development of the project.
As of March 2016, the project received consent for finalisation of the land identified with the stakeholders and for completion of other formalities for the development of the project.
Planning activities are underway. Construction is expected to commence in March 2017 and is expected to be complete in 10 years.
The project involves the construction a Science, Technology, Commerce and Logistic park in Islamabad, Pakistan.
The US$1,500 million project includes the following:
1. Construction of Science and Technology City
2. Construction of Commercial and Logistics Park
3. Construction of classrooms
4. Construction of laboratories
5. Construction of teaching facilities
6. Construction of research center
7. Construction of hotels
8. Construction of malls
9. Construction of housings
10. Construction of storage facilities
11. Construction of parking and related facilities