The National University of Sciences and Technology and Tus-Holdings, the operating company of Tsinghua University Science Park China, signed a memorandum of understanding (MoU) here on Saturday to set up the National Science and Technology Park (NSTP) at NUST. The MoU was signed by Tus-Holdings CEO Jiwu Wang and NUST Rector Muhammad Asghar. Under the MoU, both sides will consider to set up a joint venture company for the establishment of the NSTP in Islamabad, said a press release. The MoU will enable Tus-Holdings to transfer its experience of consolidated innovation space formation to the creation of NSTP, suitably modified to suit the demands and realities of innovation in Pakistan.
Published in The Express Tribune, June 28th, 2015.
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