SIFC has partnered with OIC COMSTECH as part of a new phase of collaboration that focuses on strengthening scientific cooperation and investment initiatives involving Pakistan and China. The announcement highlights the signing of multiple MoUs aimed at advancing Special Technology Zones and setting up a Pak China investment company. These measures are intended to support scientific development, technology enablement and industrial activity, with both sides outlining commitments that align with Pakistan’s broader economic and innovation objectives. The partnership reflects ongoing engagement between institutions working to create pathways that link research, development and investment under national strategic priorities.
According to officials associated with the initiative, the cooperation intends to boost scientific research and create an environment that supports shared expertise across technology driven sectors. The involvement of COMSTECH, which functions as the OIC Standing Committee on Scientific and Technological Cooperation, brings additional capacity for strengthening science based programmes through joint ventures, talent development and structured collaboration. The focus on Special Technology Zones is seen as an avenue for attracting investment into areas where technology infrastructure can be developed with coordinated support from public and private stakeholders. The MoUs also reference the creation of a Pak China investment company aimed at supporting projects that connect industrial growth with technology transfer.
Representatives have pointed out that the partnership will contribute to initiatives promoting industrial expansion, improved research practices and the development of specialised capabilities across sectors that depend on science and technology. The cooperation includes support for programmes that build local talent, encourage cross border collaboration and improve the adoption of new technologies in Pakistan’s industrial environment. With participation from Government of Pakistan departments and organisations such as Pakistan Software Export Board (PSEB), the engagement is structured around linking investment with technology driven outputs to help establish long term value.
Senior stakeholders, including Jamil Qureshi and representatives associated with Government of Pakistan, have voiced support for the collaboration, noting that it aligns with efforts to enhance Pakistan’s scientific and industrial footprint. They have highlighted the importance of strengthening ties with China within the context of investment, research and development activities. Through these MoUs, the participating organisations intend to create a framework that enables improved accessibility to scientific resources and investment channels. The partnership is expected to encourage knowledge exchange, capacity building and the gradual expansion of technology based infrastructure, particularly within Special Technology Zones.
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