EVENTS

Economics Department Major Collaborations

Lahore School of Economics and Lahore Chamber of Commerce and Industry Collaboration

In order to build industry-academia linkages, the Lahore School of Economics (Lahore School) and the Lahore Chamber of Commerce and Industry (LCCI) signed a Memorandum of Understanding to pave the way for joint research and seminars.

The accord aims at capacity building programs through training and empowerment by mutual collaborations between the business community and educational institutions. LCCI and the Lahore School would work to collaborate on the development of joint research activities and the enhancement of capacity building programs.

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 the accord was a significant step in bringing together academic institutions with trade and industry. He said the economic challenges being faced by the country need appropriate and workable solutions and this was only possible through strong academia-industry linkages. He also said there was no dearth of resources in Pakistan, but that it lagged in the economic race because it has failed to properly tap these resources. He also said in developed economies, there were strong linkages between academia and industry and Pakistan today also needed to adopt that pattern to overcome its challenges.

Dr Shahid Amjad Chaudhry, the Rector Lahore School of Economics said that the Lahore School would provide support to the Lahore Chamber on economic issues. He said the School would conduct subject-specific workshops and seminars.