Pakistan’s first science, technology and innovation park is set to start functioning by December 5 this year at the Pakistan Council of Scientific and Industrial Research, Lahore.

It will help the industrial sector switch over to a knowledge-based economy with a multi-dimensional chain of value addition.

It will also provide innovative ideas in addition to upgrading technology and value addition in existing as well as new industrial units.

Initially, 15 to 20 industrial units would be provided space and facilities in the park while in the later phase, additional factories will be accommodated.