Lahore Knowledge Park Company (LKPC) signed an agreement with Infrastructure Development Authority of Punjab (IDAP) on Tuesday to carry out the civil works at the site of Lahore Knowledge Park (LKP) in Lahore. According to the arrangement, IDAP will be acting as executing agency for the construction works of LKP in two phases which include security road, entrance gates, civic infrastructure and civic amenities for the development of Lahore Knowledge Park.
The signing ceremony was held at the office of Lahore Knowledge Park Company (LKPC) in Lahore. Dr Zafar Iqbal Ghouri, CEO LKPC and Amir Mirza, General Manager Contracts inked the agreement. Mujahid Sherdil, Chief Executive Officer, IDAP and Lieutenant-General Muhammad Akram, Chairman LKPC, were also present at the ceremony among others.
According to the spokesperson of the LKPC construction works will begin at the site of LKP by the end of December 2017 as the tendering process has been completed by the executing agency (IDAP). It has been learnt that the civil works under the two initial packages will be finished within 8 months, which will enable the company to establish campuses of international varsities and R&D centers at LKP.
Currently, LKPC is working towards hosting a consortium of three Italian universities; Politecnico di Torino, University of Bari, and University of Bologna to setup Pak-Italy University of Engineering Science & Technology. The company is also at a preliminary planning stage with one of the leading British medical teaching hospitals and various other Swedish and Chinese universities to setup their campuses at LKP. There are also high level prospects of hosting a frontline Turkish Techno park. Ground breaking of the Lahore Knowledge Park is expected to be held early next year.