The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), the apex trade organisation of the country, and the International University of Business Agriculture and Technology (IUBAT) will work together in the areas of skill development, employment and research & development to exploit the benefits of the Fourth Industrial Revolution (4IR).

FBCCI and IUBAT has signed a Memorandum of Understanding (MOU) on January 17, 2024 at FBCCI. The FBCCI Mr. Mahbubul Alam and Vice Chancellor of IUBAT Professor Dr. Abdur Rab signed the MoU on behalf of their respective organization.

The MoU intends to facilitate all exchanges and cooperative initiatives between the two organizations  in the area of exchange of researchers, internship and jobs for students, joint research activities, organizing joint conferences, participation in conferences, faculty development programs, staff development projects, study tours, internships, and other cooperative efforts as may be specified later on mutual agreement.

FBCCI President Mahbubul Alam is optimistic that, the MoU will play an important role to increase domestic productivity; will ensure product development and value addition; and increase the competitiveness of local enterprises, which will foster the sustainable development of the nation.

The Vice Chancellor of IUBAT Dr. Abdur Rob stated that, industry-academia collaboration is must for building a skilled workforce to face the challenges of the 4IR (Fourth Industrial Revolution). In this regard, the MoU between FBCCI and IUBAT will be a shining example.

Senior Vice President of FBCCI Mr. Md. Amin Helaly, Vice President Mr. Khairul Huda Chopol, Mr. Md. Munir Hossain, Dean of the College of Agricultural Sciences Prof. Dr. Md. Shohidullah Miah, Former Director of the FBCCI and Professor of the College of Agricultural Sciences Dr. Ferdousi Begum and other dignitaries were present at the MoU ceremony.