A Memorandum of Understanding (MoU) was signed between United International University (UIU) and the Department of Finance of University of Dhaka (DoF-DU) for research collaboration on Tuesday.
The concerned authorities signed the MoU at UIU Campus, located at United City, Madani Avenue, Dhaka, according to a press release.
Moinuddin Hasan Rashid, chairman and managing director of United Group, was present as the chief guest at the ceremony.
Prof Dr M Jahangir Alam Chowdhury, chairman of Department of Finance of DU, was present as the special guest while Prof Dr Chowdhury Mofizur Rahman presided over the ceremony.
Prof Dr M Rezwan Khan, executive director of IAR and former vice-chancellor of UIU, and Prof Dr M Jahangir Alam Chowdhury signed the MoU on behalf of their respective universities.
Prof Dr Abul Kashem Mia, pro-VC of UIU, Dr Md Zulfiqur Rahman, registrar of UIU, along with the faculty members and high officials were also present in the program.
According to the release, this MoU will promote collective research and high-quality publications in reputable journals, as well as facilitate cooperative research partnership opportunities between DoF-DU and UIU.
Research funds will be awarded to faculty members from both universities' research fields.
Additionally, UIU sponsored research funds and partnered with other national and international organizations.
Currently, IAR distributes research funds twice a year and has more than 75 active research projects.
