South Asia Technology Transfer Center (CSTTC) inaugurated on July 8, at PCSIR Head Office Islamabad, to boost up industrial technology in Pakistan.
Federal Minister for Science and Technology Rana Tanveer Hussain and Deputy Premier China Wan Gang jointly inaugurated sub-center of China South Asia Technology Transfer Center (CSTTC) on July 8 at PCSIR Head office.
Chinese delegation headed by Deputy Premier China and Minister for Science and Technology Wan Gang has arrived Pakistan on July 7, for a three-day official visit.
The 18th Session of the Pakistan China Joint committee on Science and Technology cooperation was co-chaired by the Ministers of Science and Technology of Pakistan and China. At this occasion beside the 18th protocol Memorandum of Understanding (MoU) on joint Research Program was also signed.
Chairman PCSIR Dr. Shahzad Alam while talking to this agency, said 26 joint research and development projects has been discussed during 18th Session of the joint committee on scientific the technical sessions with the delegation and memorandum of understanding (MoU) would be signed on today’s evening to implement the approved projects, he said.
Under the proposal made by China, a South Asia Science and Technology Centre would be set up in each South Asian country. In this connection, South Asia Technology Transfer Center (CSTTC) was inaugurated on July 8, at PCSIR Head Office Islamabad.
As per the proposal, China would provide financial support to Pakistan and other member states for setting up the centres and research laboratories for technology transfer and development.
Chinese Vice-Premier Wan Gang also had assured the member states in his opening remarks at that China is ready to transfer technology to South Asian countries.
Mr Wan Gang said China will also assist in mega infrastructure projects that include energy, technology and road through build-operate-transfer or public-private-partnership. Under the technology transfer proposal, He added, that greater collaboration would be enhanced by China with Pakistan in the fields of telecommunications, agriculture, trade, railways, industry and infrastructure building. He said that China also aimed at technology transfer and scientific
Research and joint labs would be established besides providing training to the scientists of South Asia and South East Asia countries.
The two sides agreed under the MoU to allocate respective financial resources for the joint research projects for 5 years. It was also decided that meeting of the committee will be held onwards on yearly basis.
Shahzad Alam, Chairman PCSIR, said that Successful transfer and development of the technology would not only promote the research institution and its commercial partners but it would strengthen the local industry of Pakistan and help to boost the country’s economy.
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