AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

FAISALABAD: Faisalabad Chamber of Commerce & Industry (FCCI) and Beaconhouse International College Faisalabad (BHICF) have signed a memorandum of understanding (MoU) to enhance industry-academia linkages, placement of internees, encouragement of young start-ups and promotion of entrepreneurship qualities among young students.

Sardar Ahmad Raza, Rector BHICF visited FCCI along with his team and discussed issues of mutual interest. Atif Munir Sheikh, President FCCI briefed him about the role of the business community in the overall promotion and development of Faisalabad.

He said that he had initiated collaborative efforts to give a quantum jump to the national exports by encouraging innovation through industry-academia linkages.

“I personally visited leading universities of this burgeoning city including NTU, UAF and GCU”, he said and added that he had detailed discussions with their vice chancellors.

He said that all these institutions are duty bound to send their graduates for three-month internships before issuing them degrees. The vice chancellors complained that FCCI was not providing access to their students to the industrial units for their mandatory internship.

“We prepared TOR and SOPs to accommodate the internees in different institutions”, said president, adding that FCCI arranged one of the most successful Pakistan Economic Conference with the active help and participation of internees from NTU, LUMS and GCU.

“Yet another team of internees undertook FCCI loyalty card programme”, he said and told that they interacted with 19 leading industrial and commercial entities to provide subsidized services and products to the FCCI members and their families.

FCCI chief said that generally our students depend on secondary data collected from books or downloaded from Google. He said that primary data is most important in critically analyzing situations but to get it students or interns have to work in the field.

He said that 52 different sectors are directly linked with FCCI and we are in a position to provide hands-on training to internees in these fields. Atif Munir Sheikh said that many textile units are manufacturing for world known brands but most of purchase orders from America and EU were cancelled due to the recent recession.

“This situation forced them to close down their units”, he said and suggested that we must encourage and convince them to launch their own made in Pakistan brands to survive in such conditions in future. “Our own brands would also help in projecting the soft image of Pakistan at the global level”, he added.

Sardar Ahmad Raza, Rector BHICF expressed satisfaction that FCCI and BHICF are on the same page in respect of industry-academia linkages.

He said that a list of young start-ups and internees would be provided to the FCCI for their internship while he himself would supervise the support of academia required to them for the accomplishment of their practical assignments at FCCI.

He said that BHICF would not charge any admission fee while a 15% discount in tuition fee would be allowed to the children of FCCI members under this MoU.

Muhammad Azhar Chaudhary, Dr Habib Aslam Gaba, Rashid Munir, Hooria Zafar, Madam Hafsa Najam and Siba Ameen were also present during this event. Later President FCCI Atif Munir Sheikh and Rector BHICF Sardar Ahmad Raza signed the MoU on behalf of their respective organizations.

Copyright Business Recorder, 2022

Comments

Comments are closed.