FCCI and BHICF sign MoU to strengthen industry-academia ties – Pakistan

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FAISALABAD: Faisalabad Chamber of Commerce and Industry (FCCI) and Beaconhouse International College Faisalabad (BHICF) have signed a Memorandum of Understanding to strengthen industry-academia links, placement of interns, encouragement of young start-ups and the promotion of entrepreneurial qualities among young students.

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

He said he had launched collaborative efforts to boost domestic exports by encouraging innovation through industry-academia links.

“I have personally visited major universities in 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 have a duty to send their graduates for three-month internships before awarding them degrees. The vice-chancellors complained that the FCCI did not allow their students access to industrial units for their compulsory internship.

“We have prepared TORs and SOPs to accommodate interns in different institutions,” the President said, adding that the FCCI organized one of the most successful economic conferences in Pakistan with the active assistance and participation of internees from NTU, LUMS and GCU.

“Yet another team of interns have undertaken the FCCI loyalty card program,” he said and said they had interacted with 19 leading industrial and commercial entities to provide subsidized services and products. to FCCI members and their families.

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

He said that 52 different sectors are directly related to the FCCI and that we are able to provide practical training to trainees in these areas. Atif Munir Sheikh said many textile units manufacture for world-famous brands, but most orders from America and the EU have been canceled due to the recent recession.

“This situation forced them to close their units,” he said and suggested that we should encourage and convince them to launch their own made in Pakistan brands to survive in such conditions in the future. “Our own brands would also help project Pakistan’s sweet image globally,” he added.

Sardar Ahmad Raza, Rector of BHICF, expressed his satisfaction that FCCI and BHICF are on the same page when it comes to links between industry and academia.

He indicated that a list of young start-ups and interns would be provided to the FCCI for their internship while he himself would oversee the academic support that is necessary for them to carry out their practical missions at the FCCI.

He said that BHICF would not charge any admission fees, while a 15% discount on tuition fees would be given to 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, FCCI President Atif Munir Sheikh and BHICF Rector Sardar Ahmad Raza signed the MoU on behalf of their respective organizations.

Copyright Business Recorder, 2022

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