Punjab Chief Minister Shehbaz Sharif on Thursday presided over a high level meeting to review matters relating to Lahore Knowledge Park Project and gave approval to the setting up of Information Technology University in the Knowledge Park.
The chief minister issued instructions for submitting final recommendations regarding the establishment of another hi-tech university in the knowledge park.
Addressing the meeting, Sharif said that the Punjab government would implement the project of the information technology university with its own resources while it would also provide funds for the project of establishing another university. He directed Vice Chancellor Information Technology University to submit final recommendations at the earliest for the project.
Sharif said that Punjab had allocated a sum of Rs 21 billion for the Knowledge Park Project over the next three years and that it would provide Rs 7 billion annually from its own resources for the implementation of the project.
Sharif said that the Lahore Knowledge Park would play an important role for the promotion of information technology, high quality education and research in the country. He said that provision of resources for the promotion of education was a useful investment and Punjab government would make with a view to investing in the future of the country. Provincial Minister for Education Rana Mashhood Ahmed, chief secretary, educationists, Punjab Information Technology Board chairman, Lahore Knowledge Park Authority chief executive officer and other concerned officials were present on the occasion.