About – Lahore Knowledge Park Company

About Lahore Knowledge Park Company – LKPC

The Lahore Knowledge Park Company (LKPC) has been established as a separate corporate entity by Government of Punjab to strategize, plan, undertake and oversee the development of knowledge & growth parks. The Lahore Knowledge Park is the company’s inaugural and flagship project. LKPC operates under independent Board of Directors, comprised of members from government, academia and the industry.
Incorporated in October, 2014 as a not-for-profit, large-scale public sector company, registered under Section 42 of the Companies Ordinance 1984, LKPC is owned by the Higher Education Department, Government of Punjab. The company owns 852 acres of prime land on Bedian Road, Lahore – the site of Lahore Knowledge Park.

Vision Statement

Excellence in Knowledge & Enterprise.

Mission Statement

Deliver an enabling ecosystem for innovation, enterprise and thought leadership.
Attract investment, partnership and joint venture in contemporary technologies and cutting edge manufacturing.
Create value chain transforming knowledge to economy.
Proactive interface for creativity to commercialization.
Provision of customized infrastructure and services for functioning of reputed national and international universities, colleges, institutes and hi-tech industry.
Provision of state-of-the-art environment for attracting highly skilled professionals to LKP.

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Academia

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Research & Technology

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Central Business District

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Recreational Places

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Residences for Executives & Students

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Amenities

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Infrastructure Development

Pakistan as Progressing Knowledge Economy

Pakistan in terms of population is the 6th largest country and is one of youngest with more than 70% of its population coming under the age group of 15 to 35 years. With an insistently increasing GDP growth of 5.7%, USD 45 Billion in Foreign Direct Investments (FDI) as a result to progressing China-Pakistan Economic Corridor (CPEC) project and pro-business governmental policies, Pakistan has stepped in the league of emerging leading economies of the world. Increased investors’ confidence has made Pakistan Stock Exchange listed among the top best performing global markets. The industrial growth index continues to escalate and is expected to exceed 7.7% in the current fiscal year.
With a literacy rate as high as 76% in the urban areas, a growing middle class and increasing household incomes, Pakistan is evolving as a choice location for R&D focused businesses and international academic institutions. Currently on the threshold of rapid and sustainable socioeconomic development, the country is looking to utilize its existing assets to move towards a knowledge based economy, by reorganizing the research and development (R&D) infrastructure and promoting a culture of innovation and entrepreneurship to enhance productivity.