FCCI to evolve strategy to absorb graduates in local industries

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FAISALABAD President Faisalabad Chamber of Commerce & Industry (FCCI) Rana Sikandar-e-Azam has said that the FCCI will evolve a strategy to absorb Faisalabad related LUMS (Lahore University of Management Sciences) graduates in local industries and commercial units so that they could contribute their productive role in the overall economy of this city. Talking to a delegation of LUMS here on Saturday, Rana Sikandar Azam said that no doubt LUMS is a leading business related education institution in which students are being offered jobs even before their graduation. He mentioned the scheduled annual career fair of the LUMS and assured that he will convince maximum industrial units to participate in this fair and pick most competent LUMS graduates for their concerned units. The President FCCI further told that after M3 industrial Estate, Allama Iqbal City is also being established near Sahianwala Interchange. “It will attract maximum Foreign Direct investment (FDI) as foreign investors are ready to setup their units in this Special Economic Zone being established under CPEC”, he said and added that these units could also employ qualified LUMS graduates. He further told that he will arrange a function in which LUMS faculty could give presentation to the industrialist for their future needs of qualified Human Resource. Earlier Mazhar Hussain Choney Director Students Support Service told that 4800 students are enrolled in five different schools of LUMS. “Out of these, 11,00 are passed out every years”, he said and told that LUMS is not getting any funding from government but its financial needs are being full filled by industrial and business concern of the country . He said that LUMS have made arrangements to help out the talented but poor students. Mazhar Hussain further told that 22% students are getting completelyfree education while financial help is being provided to 40% other students on need basis. He contradicted a notion that most of LUMS passed out students left Pakistan. He told that are only 3-4% students migrate to other countries while 10% proceed abroad for higher education. “The remaining 70% are rendering service within the country”, he added. He told that LUMS is working on a plan that its graduate must go back to their concerned districts so that they could work for the uplift and development of their home towns. Rana Munawar Farooq Head Career Service Officer told that LUMS annual Career Fair-2020 is scheduled to be held in February. He told that approximately 100 leading institutions would setup their stalls and pick appropriate students to meet their future needs of competent and qualified Human Resource. He told that FCCI and Industrial, business and commercial institutions should also avail from this unique opportunity.—INP