Ministries sign MoU

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ISLAMABAD: The Ministries of Information Technology and of Science and Technology signed a memorandum of understanding on Thursday for the design, development, large-scale production and marketing of electronic products and those related to renewable energy.


STEDEC Technology Commercialisation Corporation of Pakistan, the Ministry of Science and Technology (MoST), the Pakistan Council for Renewable Energy Technologies (PCRET), the National Institute of Electronics (NIE), the Telecom Industry of Pakistan (TIP) and the Ministry of Information Technology (MoIT) signed the memorandum.


Speaking on the occasion, the information secretary at the Ministry of Science and Technology said the ministry and its R&D organisations have a mandate to serve the national industry through developing products, technologies, processes, import substitutes, value-addition, especially for export, and by providing technical assistance to SMEs.


These R&D Organisations have a good number of highly qualified, trained and experienced researchers and well-equipped, state-of-the-art laboratories for undertaking world-class research, said the official, Akhlaq Ahmad Tarar.


However, he conceded that their contribution to national industrial growth, through indigenisation of local technologies, has been unimpressive.


The reason, he explained, is their weak linkages with industry, industry’s lack of trust in public-sector organisations, development of products not driven by demand, lack of facilities for development of expertise and entrepreneurship. To deal with these gaps, the Ministry has established a Commercialisation Cell to develop linkages between the R&D organisations, academia and industry.

Courtesy:  The News

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