Pakistan and China’s FAMSUN Group have signed a Letter of Intent (LoI) with the Pakistan Agricultural Research Council (PARC) to explore the establishment of a FAMSUN Technology Display Park, a move aimed at accelerating agricultural modernization, technology transfer and research collaboration, the Ministry of National Food Security and Research said, according to a Gwadar Pro's report on Friday.

The LoI was signed by PARC Chairman Dr. Syed Murtaza Hassan Andrabi and FAMSUN Group Chief Executive Officer Jack Chen.

According to the ministry, the proposed technology display park will serve as a platform for showcasing advanced agricultural technologies while promoting joint research, professional training, innovation and capacity building.

The initiative is also expected to strengthen cooperation among government institutions, universities, the private sector and investors.

Under the LoI, both sides will jointly assess the feasibility of establishing the FAMSUN Technology Display Park at PARC. The proposed facility is envisioned as a hub for agricultural technology demonstrations, collaborative research, professional training and stronger cooperation among academia, industry, government agencies and investors.

The ministry said the partnership is expected to facilitate knowledge exchange and support the introduction of internationally recognized agricultural solutions in Pakistan.

Credit: Independent News Pakistan (INP) — Pak-China