Ministry of Planning
Development & Reform

Press Release

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CAREC University will be “university of future”: Ahsan Iqbal

Dated : 8 April 2016

Federal Minister for Planning, Development & Reform Ahsan Iqbal today state, “Central Asian Regional Economic Cooperation (CAREC) University will be “university of the future” by incorporating world’s best academic models with top faculty recruited through international selection. Work is underway to operationalize it by September 2017 for which Rs.500 million seed money has been set aside in PSDP. Ahsan Iqbal stated this while chairing first steering committee meeting of CAREC University at Ministry of Planning & Development. He pointed out that idea of this university was first floated in early 90s when Central Asian States got independence. However, it fell victim to the political upheavals in Pakistan during that decade. Minister said that this university has become relevant in the context of regional connectivity and integration, boosted up by China-Pakistan Economic Corridor (CPEC). Ahsan Iqbal advised to develop CAREC University on the lines that would produce future leaders having strong qualities. “Such leaders should have clear regional and global perspectives, critical thinking, entrepreneurial spirit, and sense of duty towards humanity, he urged. Minister for Planning & Development said that top five to six universities of the world would be approached to seek technical assistance for this university by entering into a strategic alliance with them. Minister pointed out Ambassadors of Central Asian Republics have assured full support for this university. He said that physical infrastructure of CAREC University would be completed on fast track basis and be reflective of regional heritage and said that 100 acres of land has already been allocated to it and more land would be acquired for it.