The Lahore Knowledge Park Company (LKPC) was established in 2014 as a not for profit, large-scale public sector organization, registered under Section 42 of the Companies Ordinance 1984. A company owned by the Government of the Punjab (GoP), LKPC is tasked with undertaking the planning and development of Knowledge & Growth Parks in the Punjab. Its flagship project is the Lahore Knowledge Park (LKP) – the nation's first Technopolis, to make the Punjab in particular and, Pakistan in general, into South Asia's future nodal point for the Global Knowledge Economy. The Government of Punjab has allocated 852 acres of land facing DHA phase VI & VII Lahore, for the development of Lahore Knowledge Park.