“FINAL YEAR DESIGN PROJECT FINANCING 2023-24” 2nd phase ceremony held on 13th Dec’2023 Wednesday, at IQBAL AUDITORIUM, UNIVERSITY OF AGRICULTURE (UOA) FAISLABAD, PAKISTAN by PEC Pakistan Development Committee (PPDC). Honorable Engr. Muhammad Najeeb Haroon (Chairman PEC) was the chief guest of the ceremony. 102 universities participated and 92 universities physically attended in which 1800 students having 543 projects awarded with financing. Final Year Engineering Design Project Financing annual ceremony conducted by PEC in which respective Engineering students awarded with sponsorship to promote industry/market compatible products. PEC in collaboration with universities and industry is identifying current market/industry product/projects for Engineering students as Final Year Design Projects (FYDPs) through industry survey study and business community. Relevant, pertinent, and current projects as per local need of industry are being selected in collaboration of universities for focused classification Final Year Design Projects (FYDPs). Prof. Dr. Iqrar Ahmed Khan (VC UAF Faisalabad; SI-HI) welcomed all valuable guests from academia, media, and industries. He appreciated such great initiative 1st time in the history that PEC coming up at university level to support academia and engineering students, through which they will get motivation to deliver as per the market needed projects and serve Pakistan. Engr Mir Masood Rashid advisor to chairman PEC and convenor PPDC. He highlighted on the business need of such platform launch through which industry localization be promoted considering economic challenges of Pakistan. He briefed on the prime objective of Final Year Projects Financing, which is mainly focused on entrepreneurship of Young Engineers, who will be promoted with facilitation of networking to resources, mentorship and facilitation of loans and grants for startups. PEC PPDC other successful initiatives includes, 1st Engineer Parliamentarians Caucus formed for advocacy in policy making being intellectual backbone of society, Day Trip learning for 3rd year engineering students, STEM education Ambassadors program at school level to promote Science, Technology, Engineering and Mathematics so that potential talent be developed to build generation more towards growing Pakistan which is the critical need of time, Engineering CAPSTONE EXPO to showcase industry required projects from all over Pakistan universities, PEC E-Library, paid Graduate Internship program (GIT), UN SDG’s adoption and PEC E-Gateway for consulting services e-procurement for promoting local Engineering Talent in international market. through coordinated efforts of overseas engineers for preserving brain drain at national level. Dr Khurram Tariq (President Faisalabad Chamber of commerce) appreciated the efforts of PEC, and for such initiatives industry was waiting for so that potential in Pakistan be benefited especially for industries. Engr Muhammad Najeeb Haroon (chairman PEC) chief guest of the ceremony addressed with focus on the core responsibility of the respective organizations including PEC so that we may restart our journey with target objective to be among developed countries. Youth being core pillar of Pakistan to play their role for which PEC took several initiatives to support them and this financing is among the one. So that potential and opportunities be not lost in terms of brain drain. Localization of industry “Made in Pakistan” journey is the need of time if we want to be out of this critical economic situation. Ceremony attended by valuable guests from Media, Academia, Industries, Dr. Dur Muhammad Pathan (Pro VC Mehran university Khairpur), Engr Prof. Dr. Abdul Rauf Bhatti, and GB members Engr. Mohsin Ali khan, Engr Jawad Gilani, Engr Nafasat Raza and Engr Muhammad Kamran.
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