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    Home » NED University Tech Park Set to Drive Research, Startups, and Employment Growth
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    NED University Tech Park Set to Drive Research, Startups, and Employment Growth

    administratorBy administratorDecember 24, 20253 Views
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    Sindh Chief Minister Syed Murad Ali Shah announced on Tuesday that the $125 million NED Science and Technology Park will spark research innovation, nurture a thriving startup ecosystem, and generate widespread job opportunities across the province.

    Speaking at a ceremony marking the Commercial Operations Date (COD) of the Nabisar–Vajihar Water Supply Project, the concession agreement signing for the NED park, and an MoU for the TPIV Wastewater Treatment Project—totaling over $740 million in value—Shah called the tech park deal a historic milestone. It’s Pakistan’s first university-linked science and technology park under a public-private partnership (PPP) model, developed with Kuwait’s EnerTech Holding Co.

    The event drew provincial ministers, CM Investment Special Assistant Syed Qasim Naveed, Mayor Murtaza Wahab, EnerTech CEO Abdullah Al Mutairi, diplomats, and others. Shah emphasized the park’s focus on research commercialization, tech transfer, startup incubation, and industry-academia ties, positioning Sindh as a knowledge economy hub with high-value jobs. Despite past regulatory hurdles, “this project is now final,” he said, urging swift completion to rival Silicon Valley facilities. “Our young engineers won’t need to seek opportunities abroad,” adding that construction starts soon after launch.

    Shah also highlighted the $400 million-plus TPIV Wastewater Treatment Project—Karachi’s largest—with the Karachi Metropolitan Corporation and EnerTech, to overhaul wastewater management and fuel industrial growth. The $215 million Nabisar-Vajihar scheme ensures 45 cusecs of sustainable water for Thar Block-I coal power plants, supporting 1,650 MW generation and lowering national electricity costs, with Rs7 billion in savings.

    These achievements form part of Sindh’s expansive PPP lineup, including flagship roads like Hyderabad–Mirpurkhas Dual Carriageway, Karachi–Thatta Dual Carriageway, and Shahrah-e-Bhutto Expressway, plus projects in water, transport, education, health, and urban infrastructure.

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