China to invest 1.5 billion dollars to build science park in Islamabad

China to invest 1.5 billion dollars to build science park in Islamabad

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The latest update at hand, the Minister for Science and Technology, Rana Tanvir Hussain has signed a memorandum of understanding, along with another Chinese minister by the name of Un Urmaqi.

A total amount of $1.5 billion US dollars are going to be invested in making the park, which only shows how large the park is going to be once it is completely finished. Tanveer Hussain expressed his heartfelt gratitude to the Chinese government and said:

We are looking to strengthen our mutual ties on economic as well as technological fronts.

He added the project is just another step to add another layer to the friendship foundation that Pakistan and China have maintained for several years. The added advantage will be that more jobs will be created in the process, at least in the geographical region of Islamabad.

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