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The Lahore Chamber of Commerce and Industry (LCCI) on Thursday singed Memorandum of Understanding (MoU) with Institute of Space & Technology (IST) enabling all the LCCI members to initiate joint research projects with IST to address Research and Development (R&D) related issues.
President LCCI Irfan Qaiser Sheikh and Vice Chancellor IST Engineer Imran Rehman signed the MoU. According to the MoU, the LCCI will encourage its members to initiate joint research projects with faculty and researchers of IST. The MoU will help strengthen the relations between the LCCI and IST. The LCCI members may seek the expertise and the consultancy of IST faculty and researchers in product, process design and development. The LCCI members could also utilise the lab testing facilities on actual cost basis.

Copyright Business Recorder, 2012

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