KARACHI: The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and Iqra University (IU) will work together to create Academia-Industry Linkages and promote Knowledge Economy. It has been laid out in an MOU signed during a ceremony at Iqra University, Karachi. President of PFCCI, Mian Nasser Hyatt Maggo and Vice Chancellor of Iqra University, Prof. Dr. Wasim Qazi has signed the MOU, says a Press release.
The objectives of FPCCI-IU MOU include: to create an effective academia-industry linkage to establish long-term and sustainable partnership for the joint policy-oriented research activities to foster the culture of entrepreneurship; and, play a supporting role in Pakistan’s business and economic growth. Research & Analysis, Policy Development, and System Digitalization will be the cornerstones of their cooperation. This MoU will help to develop an economic & business advisory council that will enable the industry to identify the opportunities and challenges that will be subsequently researched, analysed, and solved by the academia.
This partnership seeks to establish a Joint Working Group; which will comprise representation from both institutions. The group will work on identifying technical & vocational skill sets and establishing competency standards for the national industry. Moreover, it will also provide its feedback on university curriculum and industrial research work.
The agreement also intends to get input from different business and industry sectors, chambers, associations, and government bodies through Iqra University’s Office of Research Innovation and Commercialization (ORIC). With Iqra University’s network of over 35,000-strong alumni, this agreement will provide immense value to industry and educational sectors alike.
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