Rs64 billion plan to improve Punjab higher education

Published April 8, 2014
Chief Minister Shahbaz Sharif. — File photo
Chief Minister Shahbaz Sharif. — File photo

LAHORE: The vice-chancellors' (VCs') committee set up by Chief Minister Shahbaz Sharif has finalised a 10-year road map to improve higher education in Punjab.

Under the plan, besides the establishment of an international standard information technology and technical university at Knowledge Park in Lahore, the upgrade of sub-campuses of public universities, granting the status of universities to some government colleges, improvement of the infrastructure of the universities and development projects worth Rs34.6 billion would be completed from 2014 to 2018. Another action plan has also been evolved to spend another Rs30 billion in next five years.

This was announced in a briefing regarding the future of higher education at a meeting presided over by Education Minister Rana Mashhood Ahmed n on Monday.

VCs' committee head retired Lt-Gen Muhammad Akram said the infrastructure of Muhammad Nawaz Sharif University of Engineering and Technology in Multan would be completed at a cost of Rs3.8 billion and Rs1 billion would be spent on the project in the first phase.

He said 850 acres at Dera Rakh Chal on Bedian Road has been allocated for the Knowledge Park. He said the sub-campuses of world renowned universities would be set up over 400 acres of the park.

Also the IT and Technical University would be set up over 100 acres. He said the remaining 400 acres would be utilised for providing housing to foreign universities, setting up of ICT companies and provision of recreational facilities.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Price bombs
17 Jun, 2024

Price bombs

THERE was a time not too long ago when the faces we see sitting in government today would cry themselves hoarse over...
Palestine’s plight
Updated 17 Jun, 2024

Palestine’s plight

While the faithful across the world are celebrating with their families, thousands of Palestinian children have either been orphaned, or themselves been killed by the Israeli aggressors.
Profiting off denied visas
17 Jun, 2024

Profiting off denied visas

IT is no secret that visa applications to the UK and Schengen countries come at a high cost. But recent published...
After the deluge
Updated 16 Jun, 2024

After the deluge

There was a lack of mental fortitude in the loss against India while against US, the team lost all control and displayed a lack of cohesion and synergy.
Fugue state
16 Jun, 2024

Fugue state

WITH its founder in jail these days, it seems nearly impossible to figure out what the PTI actually wants. On one...
Sindh budget
16 Jun, 2024

Sindh budget

SINDH’S Rs3.06tr budget for the upcoming financial year is a combination of populist interventions, attempts to...