LAHORE - With an objective to promote research culture in the country and strengthen University-Industry linkage, the Lahore Chamber of Commerce and Industry on Wednesday signed two Memoranda of Understanding (MoUs) with Punjab University.

The LCCI President Engineer Sohail Lashari inked MoUs on behalf of the Lahore Chamber of Commerce and Industry while Dr Umbreen Javaid represented Punjab University. LCCI Executive Committee Members Mian Zahid Javaid Ahmad, Talha Tayyab Butt and University Faculty Members and a large number of students were also present on the occasion.

The MoUs with the Centre for South Asian Studies and Department of Political Science would enable both the institutions to share their respective research work for the common good of the economy of the country.

As per MoUs, the Lahore Chamber of Commerce and Industry, in consultation with its members, would also assign research topics to the University researchers to get required data.

Both the sides would also conduct joint seminars on the issues being faced by the trade and industry.

Speaking on the occasion, the LCCI President Engineer Sohail Lashari said that it was a great day because linking education with the business needs is a crucial step which should remain at the forefront to motivate both the sides and enhance their skills.

He said that the MoUs with Punjab University would pave the way for the progress and prosperity of the country. He said that the LCCI would make best use of this facility as a number of economic challenges have direct link with the unavailability of correct data. He said that it would not only further strengthen University-Industry collaboration but it would also help researchers to have access to the real challenges being encountered by the trade and Industry.

The LCCI President said that the MoU with Centre for South Asian Studies would go a long way for the promotion of regional trade that is buzz word in today’s global village.