Zafar applauds IsDB for providing opportunity local young innovators


ISLAMABAD, May 04 (APP):Minister of state for health, Dr Zafar Mirza Saturday applauded the Islamic Development Bank (IsDB) for providing this opportunity to young Pakistani innovators to pitch their ideas for addressing United Nations (UN) Sustainable Development Goals (SDGs).

“There is no dearth of innovative and creative ideas in our countries but there is a dire need of directing efforts towards providing indigenous solutions for the problems that country’s  facing today,” he said this while addressing as  chief guest on the ‘Transformers Roadshow’ organized by  Islamic Development Bank (IsDB) here.

He stressed the need for connecting innovators with entrepreneurs,who could convert the ideas into commercialized products or services.Dr Zafar Mirza said that, the current initiative, namely the Transformers Roadshow, was a very novel idea.

He said that Pakistani innovators were using their skills in producing energy from renewable technologies, which could be linked with industry to eliminate poverty and generate employment.

He said that with the help of IsDB “We have started a project of mobile health clinics in Islamabad that will obviously facilitate people in providing basic health facilities in remote areas.”

The minister said that IsDB and COMSTECH would provide support for providing health, education, food security and safe drinking for the poor of the society.

Addressing the gathering , President Islamic Development Bank Dr. Bandar Hajjar said, Pakistan was the integral member country of the IsDB group and was the third largest beneficiary of IsDB financing in different developmental sectors.

The IsDB group has provided a total financing of  $ 12.43 billion to Pakistan, helping improve the lives of the people  through a range of development projects.

He highlighted that IsDB was financing Neelum Jhelum Hydro Power Project, Jamshoro Power Station, CASA 1000 project for meeting energy needs of the country.

Dr Bandar Hajjar said that he had a very fruitful and constructive meetings with the President and Prime Minister of Pakistan.

He said that Prime Minister Imran Khan’s vision of Road to Naya Pakistan would pave way for the economic prosperity of the country.

He said IsDB had earmarked US $ 500 million fund for promoting science technology and innovation in the member countries.

The Islamic Development Bank (IsDB) has awarded four Pakistani innovators, researchers; entrepreneurs seed capital and business skills mentoring as part of its fifth edition of the ‘Transformers Roadshow’ competition, held in association with COMSTECH.

The Roadshow is a global initiative in which applicants are invited to pitch ideas accelerating one or more of the UN Sustainable Development Goals (SDGs).


Source: VNS, Islamabad