Islamabad: A grand business and technology show commenced here on Friday at Pak-China Friendship Centre. Federal Minister for Science and Technology, Rana Tanveer inaugurated the event. Comsats Institute of Information Technology (CIIT) is organising 4th Pak-China Business Forum, from March 27 to 30, to promote university - industry collaborations in business and economic sectors for the mutual benefit of both countries.
In the forum 130 Chinese and 100 Pakistani companies are displaying equipment and appliances. A huge gathering was witnessed at inaugural session of the forum while more than 150,000 visitors are expected during four days.
Federal Minister for Science and Technology Rana Tanveer inaugurated the mega show by cutting the ribbon. Addressing the inaugural ceremony Federal Minister said that promoting and facilitating economic progress of developing countries through transfer of technology.
Similarly, diffusion of knowledge is very important especially for the South Asian region. He stressed on devising national strategies for the human resource development and promotion of Science and Technology are also essential, he added.
CIIT Rector Dr S. M. Junaid Zaidi said the university has introduced an academia driven model of business cooperation by conducting Pak-China Business Forum to promote academia-industry collaboration in business and economic sector for mutual benefit of both the countries. The forum encompasses project exhibitions, seminars, workshops and industrial academic expo. It will also help promoting thematic areas of new energy technologies, information and communication technologies, water conservation, purification and sanitation and biomedical materials, in consultation with Chinese counterparts. The forum will provide an opportunity for commercialization of products and processes of the participating organizations.
CIIT introduced Pak-China Business Forum in 2012 which was 1st Pak-China Business Forum followed by 2nd and 3rd Pak-China Business Forums in 2013 and 2014 respectively. These forums were a complete success during which Chinese and Pakistani Companies exhibited their products.
Source: The News