A project of International Chemical & Biological Center (ICCBS) and a par t of HEJ

Research Institute of Chemistry

1) The Research Park will bring ICCBS research capabilities to the world market of distributed research, thereby creating long lasting relationships between Pakistan and Foreign Laboratories. 2) The Research Park will also bring ICCBS research outputs ( products and projects) to the production sector, thereby boosting the existing relationships between ICCBS and industrial firms both in Pakistan and as well as abroad.

3) The Research Park will finally use ICCBS “research magnets” for attracting national and international firms and institutions, thereby increasing the already important number of stimulating relationships between local researchers and external counterpart both in Pakistan and abroad, in the public and private laboratories.

Development and creation of incubation process.

It would provide a platform to the Pakistani Universities to establish a network of incubation companies

DEVELOPMENT COMPANY:1) Technology Interface2) Technology Transfer3) Incubation Match MakingMANGMENT COMPANY: To administer the affairs of the company to run

it efficiently.MARKETING MANAGEMENT COMAPNAY: Start-up “Own Enterprise Management Plans”.

To put the ICCBS on the worlds map not only as world-class research institute but an institute that can develop commercially viable researches.

Development of Pre-Industrial Development Area (PIDA), at 20 acres with all necessary facilities.

Multi Pre-Industrial Plant (MuPIP)Five Startup incubatorsDefine Time Line 3 years

Plant Culture Projects:I. Plant tissue culture for Ornamental PlantsII. Disease Free Banana Plant Plant Extraction Projects:I. Plant based pesticideII. VinblastineIII. Essential Oil Analytical Services:I. Industrial Analytical Center (IAC)II. DNA Fingerprinting Diagnostic Services:I. Diagnostic Center Nutraceutial Projects:

Financial Impacts: The project has ability to generate it’s own revenue

through serving industrial customers.

Social Benefits:Direct Benefits: Employment generation Ability to create new business avenues.

Indirect Benefits: Academia Social Service through disease diagnosis Drug Development

Project Sponsor:Higher Education Commission of PakistanProject Location:University of KarachiProject Executor:HEJ Research Institute of Chemistry, University of Karachi

Project Commencement Date:As per PCI: 17-April-2008Actual: 16-June-2008Project Completion Date:As per PCI: December 31, 2014Expected: December 31, 2015

As per PCI:184 Million PKR

Project Completion Phase:Year 1 15.280 Million PKR 08.31%Year 2 74.170 Million PKR 40.31%Year 3 94.480 Million PKR 51.38 %

Multi Pre-Industrial Plant (5 Small

Start-ups) including Management

& Development Companies 56.18 M PKR Park Business Development

(Marketing Activities) 37.43 M PKR Equipments 21.99 M PKR Salaries & Other Costs 28.39 M PKR Operational Cost to became Plant

fully self-sufficient (03-Years) 33.54 M PKR

Current Scenario: Unable to accomplish it’s desired objective as

per PC-1. More than eighty percent of the Project Cost

has been issued by the HEC to the ICCBS. Only Civil Work of Industrial Linkages building

has been completed.

Drastic Measures Must be taken to complete the project.

The Project has ability or potential to become the life line of the ICCBS.

ICCBS can be financially autonomous if the project will run in it’s true spirit.

The project will not be consider as an ad hoc project, proper staff will be inducted to run the company efficiently.

Currently those who has been serving to IAC and interacting with the industrial customers must be attached with the hired staff.

Financial Targets must be set for the company and it must be attain by the management of the company.