LAHORE Punjab Chief Minister Muhammad Shahbaz Sharif has said the Punjab government is setting up educational and technical institutes with the cooperation of Sweden, which will play an important role in providing skilled workforce to the industrial sector. He was presiding over a high-level meeting at the CMs Secretariat before his departure for London. The meeting was held in connection with educational and technical projects, which are being undertaken jointly by the Punjab government and a consortium of Swedish universities. The CM said, the Swedish University of Management and Technology to be built in Sialkot, would be the largest investment and the first of its kind in the education sector of Pakistan. The government is providing more than 500 acres of land and a Technology Park will also be built on this land. The University will be completed at a cost of Rs 14 billion and its students will play their role not only in Pakistan, but across the world, he said, adding that half of the money for the construction of the University would be provided by the consortium of Swedish universities. The University will not only provide highly educated people to the industrial sector, but will also reduce unemployment in Pakistan, he added. The CM said in view of the importance of this project, he wanted to construct a similar university in Bahawalpur, and work on the University would be started along with the current project. Despite shortage of funds, the government will provide all resources for educational projects, he said, while mentioning that he himself would monitor the pace of work on the university.