DCCI, Dhaka University’s IBA to connect industry with academia

The Dhaka Chamber of Commerce and Industry (DCCI) today teamed up with the Institute of Business Administration (IBA) of Dhaka University to conduct sector-wise business research and other activities.

The chamber and the institution will also organise job fairs, seminars, workshops, and business conferences.

Besides, training courses will be arranged for the Dhaka chamber and the chamber will provide internship opportunities to IBA students.

DCCI President Rizwan Rahman and IBA Director Mohammad Abdul Momen signed the papers of a memorandum of cooperation at the DCCI headquarters in Dhaka, according to a press release of the trade body.

Addressing the deal signing ceremony, the DCCI president underscored the importance of need-based curriculum as per the demand of the industry.

It is time to bridge the gap between industry and academia in this era of rapid industrialization, he said.

"Skills development is the priority area for the government as well as for the private sector because in order to compete with the global standard, we must have better skills in every sector."

Rahman urged for extensive research and development works under the universities so that they can contribute to Bangladesh's economy. 

The IBA director said there should be greater collaboration between the industry and academia.

"To cope up with the changing global geo-political and technological transformation we have to be competitive in terms of skills and education," he said.

A few examples of some successful countries like the USA, Germany, Korea are utilising their universities for extensive wide-ranging research and innovation activities.

Urging the private sector to invest in the expansion of university research in the country for the sake of industry development, Momen said: "The research facilities of our universities in Bangladesh are still unexplored and underutilised."