Sindh Chief Minister Murad Ali Shah has sanctioned the development of a 17-story technology park at NED University of Engineering and Technology in Karachi.
According to Dawn, the Public-Private Partnership Policy Board meeting was presided over by Chief Minister Shah, during which the project received formal approval.
The Chief Minister was briefed that the NED Science and Technology Park will be established through a government-to-government agreement with a Kuwaiti firm.
The project scope includes constructing a state-of-the-art facility with three basement levels and 17 floors above ground. The park will feature office spaces sub-leased to technology companies, accommodating multinational corporations, SMEs, research institutions, and startups.