NICCI and Lumbini Buddhist University ink MoU

By A Staff Reporter,Kathmandu, July 21: Nepal-India Chamber of Commerce and Industry (NICCI) and Lumbini Buddhist University (LBU) have signed a Memorandum of Understanding (MoU) to strengthen academic-industry collaboration and support the promotion of Lumbini as a centre for peace and tourism.

The agreement was signed by NICCI President Sunil KC and LBU Vice Chancellor Prof. Dr. Subarna Lal Bajracharya on Sunday. 

"The MoU outlines areas of cooperation including academia-industry partnerships, facilitation of internships and job placements, joint research and publications, knowledge sharing, and coordinated efforts to promote Lumbini internationally," NICCI informed in a statement. 

Prof. Bajracharya said that LBU was working to attract 22,000 international students and is preparing a master plan for academic programme development and infrastructure expansion. He said the partnership with NICCI would support engagement with Indian diplomats, academics, and the business community.

Likewise, KC said that the Chamber remains focused on enhancing bilateral cooperation between Nepal and India. He said NICCI looks forward to working with LBU on research, innovation, entrepreneurship, tourism promotion, and other joint programmes.

The partnership seeks to connect academic and industry efforts in support of broader national goals and to contribute to positioning Lumbini more prominently in international academic and tourism sectors, read the statement.