August 1, 2013 Off By Web Desk

Islamabad: STEDEC Technology Commercialization Corporation of Pakistan, Ministry of Science and Technology MoST, Pakistan Council for Renewable Energy Technologies PCRET, National Institute of Electronic NIE and Telecom Industry of Pakistan TIP, Ministry of Information Technology MoIT signed a Memorandum of Understanding MoU here Thursday to design and develop large scale production and marketing of Renewable Energy and Electronic Products in the country.

STEDEC Managing Director MD S. K. Mohyuddin, TIP MD Nadeem Ahmed Khan, PCRET Director General DG Khalid Islam and NIE DG Zafar Iqbal Khokhar signed the MoU on behalf of their respective organizations, while MoST Secretary Mr. Akhlaq Ahmad Tarar and MoIT Additional Secretary Muhammad Ejaz Mian witnessed the signing ceremony attended by Heads of S&T organizations and media persons.

Speaking on the occasion, Secretary MoST, Akhlaq Ahmad Tarar said that MoST and its R&D organizations have a mandate to serve the national industry through developing products / technologies / processes, import substitutes, value addition especially for export and by providing technical assistance to SMEs.

The Secretary said that these R & D Organizations have good number of highly qualified, and experienced researchers as well as state-of-the-art / well equipped laboratories for undertaking world class research, however, their contribution to national industrial growth through indigenization of local technologies have not been very impressive.

He further said that the reason for this unimposing performance has been weak industrial linkages, trust deficit of industry on public sector organizations, development of non demand driven products, lack of entrepreneurship development facilities / expertise and so on.

The MoST, while realizing these gaps, has established the Commercialization Cell to develop linkages between R&D Organizations, Academia and Industry for sharing of resources to carry out demand driven R&D, offering solutions to various industrial problems, entrepreneurship development and commercialization of IP of these organizations, he added.

Mr. Tarar said under the scope of this MoU, PCRET, NIE & STEDEC MoST and TIP MoIT shall jointly undertake design & development, large scale production and marketing of Renewable Energy and Electronic Products in the country and the signing parties will ensure optimal utilization of all available resources for mutual benefit and for the ultimate aim of introducing and promoting cost effective indigenous products.

“I am confident that this MoU will herald a new era of long term relationship between the two ministries, which will be cornerstone of our initiatives aimed at self reliance through indigenization,” he maintained.

The Secretary appreciated the efforts of MoST Commercialization Cell for materializing the MoU to start large scale production and marketing of indigenous technologies.

MoIT Additional Secretary Muhammad Ejaz Mian also spoke on the occasion and hoped that the MoU will go a long way in large scale production of renewable energy and electronic products in the country.

Under the MoU, NIE and PCRET will Design, develop and produce prototype of demand driven products and pass on the complete technical knowhow to TIP, while STEDEC will Undertake all financial and commercial aspects on behalf of PCRET and NIE.

TIP will be responsible for mass scale production and marketing of products designed and developed by NIE and PCRET.

A joint Working Group, having representation of all the four parties as well as of MoST and MoIT will select the products already designed or to be designed and prepare workable operational model and SOPs for taking the products from initial stage to marketing level.