National Conference on 'Economy of Tomorrow' Sets the Stage for Future Innovations in Engineering
National Conference on Economy of Tomorrow
Jan 15, 2024 - Feb 15, 2024
University of Engineering and Technology (UET) Narowal Campus organized a National Conference on the Economy of Tomorrow hosted by the Knowledge City & Pakistan Engineering Council. The event spotlighted the critical role of Industry 4.0 in shaping the future of engineering education and manufacturing sectors. The conference was inaugurated by Prof. Ahsan Iqbal, former Federal Minister for Planning, Development & Special Initiatives. Prof. Dr. Muhammad Shahbaz, the Campus Coordinator, extended a warm welcome to all the guests. He then provided an overview of conference agenda. 
Vice Chancellor UET Lahore Prof. Dr. Habib ur Rehman emphasized the significance of Industry 4.0 by pointing out the unique aspects of Pakistan's five-year plan that South Korea has adopted, showcasing the plan's innovative approach. Prof Ahsan Iqbal, former Federal Minister for Planning, Development & Special Initiatives centered his discussion on Industry 4.0, aligning it with Pakistan's vision for the future. He elaborated on how this advanced industrial wave could be effectively incorporated into the country's economic and technological strategies. He emphasized the importance of integrating Industry 4.0's innovative practices and technologies to drive Pakistan towards a more prosperous, efficient, and competitive future on the global stage. 
Prof. Dr. Niaz Ahmed Akhtar Vice Chairman PEC, in his address focused on the council's vision and strategic initiatives aimed at advancing the engineering sector in Pakistan. However, Mr. Mir Masood Rashid, the convener of the Pakistan Development Committee (PPDC) PEC, praised the efforts of a campus for securing funding for 12 final year design projects. He recognized this achievement as a reflection of the institution's commitment to nurturing innovation and practical engineering solutions in students. After that Engr. Farhat Adil, President of the Institution of Engineers, Pakistan (IEP), spoke about the organization's history and its alignment with the vision of Quaid-e-Azam Muhammad Ali Jinnah. Dr. Najibullah Marwat, Minister of Science Technology & IT and Minister of Sports and Youth Affairs KPK concentrated on the exceptional achievements of the University of Cambridge in the UK, specifically noting the significant number of Nobel laureates affiliated with the institution. 
Prof. Dr. Yasar Ayaz addressed the significant impact of Artificial Intelligence (AI) on Industry, particularly in the context of Industry 4.0. Dr. Kashif Kifayat highlighted the increased need for robust cybersecurity due to the integration of IoT, big data, and AI in industry. Dr. Umar Shahbaz Khan discussed developing localized robotic technologies to enhance Industry 4.0. He emphasized the importance of customizing automation solutions to meet specific regional and industrial needs. 
Dr. Naveed Arshad focused on the potential of big data to drive economic growth in Pakistan. He discussed how leveraging big data analytics could unlock significant opportunities in various sectors like healthcare, agriculture, and finance. Saima Ali, CEO of Revsoft, underscored the vital connection between education and the evolving landscape of Industry 4.0 in her insightful discussion. Mr. Hammad, CEO of Super Asia, emphasized the importance of industry-academia collaboration in bridging skill gaps during his discussion. The symposium featured six insightful panel discussions. The proceedings of the National Conference on 'Economy of Tomorrow' concluded with the distribution of souvenirs, marking the end of a landmark symposium that focused on strengthening the ties between education and the industrial sector in the context of Industry 4.0. 
National Conference on Economy of Tomorrow Main


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