Fauji Foods Ltd and NIFSAT (National Institute of Food Science & Technology) - University of Agriculture Faisalabad, signed a Memorandum of Understanding (MOU) on cooperation under the Academia Endowment Program, amidst a special signing ceremony organized at the University of Agriculture Faisalabad.
The MoU was signed by Brig Zahid Nawaz Mann (retd) Company Secretary, Fauji Foods Ltd and by Prof Dr Zafar Iqbal, Vice Chancellor UAF. Under this program Fauji Foods will be investing in the youth of Pakistan by providing grant to them, enabling them to gain exposure and practical knowledge in actual corporate settings. Joint research and development will be conducted on food products for innovative technological outcomes and best quality standards.
The purpose of the memorandum was to initiate joint efforts to unlock the potential and strengthen the development of Pakistan's food and dairy industry. The core points of discussion were to provide merit based scholarship to students, conduct joint research in selected areas, technology transfer, innovative product development and value addition, training and employment opportunities and internships for the students.