The Pak-Austria Fachhochschule: Institute of Applied Sciences & Technology (PAF IAST) is our collaborative venture with select Austrian and Chinese Universities The Pak-Austria Fachhochschule: Institute of Applied Sciences and Technology (PAF IAST) is unique in its concept, approach, and methodology. The project concept stems from the slogan “Skilling Pakistan” and envisages creating highly credible technical education infrastructure both at tertiary and hi-tech industry levels. With this twin-aim concept, the project is a quantum leap forward in the fast burgeoning knowledge-based economy, far beyond a mere educational program.