Lahore School of Economics

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Lahore School and LCCI accord

Strengthening industry-academia linkage, Lahore School of Economics (Lahore School) and Lahore Chamber of Commerce and Industry (LCCI) inked a Memorandum of Understanding that would pave way for joint research and seminars on economic issues.

The accord aims at capacity building programmes through training and empowerment by a mutual collaboration between business community and educational institutions.

LCCI and the Lahore School would collaborate for development of joint research activities and enhancement of capacity building. LCCI and Lahore School have decided to form a coordination committee.

Both would collaborate and undertake projects to help industry compete with challenges being faced in 21st century. Both organisations would hold workshops, conferences, symposia and seminars for mutual benefits.

LCCI President Ijaz Mumtaz said accord remained a significant step in bringing institutions/academia and trade, industry together. He said the economic challenges being faced by country need tailor-made and workable solutions and this was only possible through strong academia and industry linkage.

He said there was no dearth of resources in Pakistan but it was far behind in economic race because we have failed to properly tap these resources.

He said in developed economies there was a strong linkage between the academia and industry and Pakistan today also needed to adopt that pattern to overcome its multiple issues.

Lahore School of Economics will contribute to a great deal in closing leadership gap through training to potential businessmen in areas relating to economy and international affairs.

Accord between two think tanks would help in finding new solutions of the issues being faced by trade, industry and economy.

Both have their own strengths and the joining of hands by two institutions would bring positive change at the economic front.

He said Pakistan could not make an impact at international level only because of lack of awareness about latest business methodologies.

Dr Shahid Amjad Chaudhry, the Rector Lahore School of Economics said that the Lahore School would provide support to Lahore Chamber on economic issues. He said the School would conduct subject-specific workshops and seminars to equip the businessmen with latest working techniques. The Lahore School would provide support to Lahore Chamber for finalisation of country‚Äôs annual budget proposals.

Also in Daily Times, Dawn, Business RecorderTribune, The News, Customs Today and The Nation

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posted by S A J Shirazi @ 3/10/2015 10:59:00 AM,

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