Minister of State for Education, Training and Standards in Higher Education, Mr. Baleegh-ur-Rahman has appreciated Higher Education Commission (HEC) for taking timely initiatives for advancement of universities, especially encouraging and facilitating universities to develop proper mechanism for fund-raising.
He was speaking as chief guest at a Conference on University Advancement entitled “Paradigm Shift towards Financial Sustainability-Fundraising in Higher Education Institutions” organized by HEC here on Thursday. Vice chancellors, representatives of industry, government departments, and potential donors attended the conference.
The Minister emphasized that research and development is an integral part of higher education sector, adding that universities should not only be strongly linked with industry, but also have established linkages with different Government departments.
Engr. Imtiaz Gilani, Chairman HEC said that the higher education sector has expanded exponentially in the last 10 years. He said that in the ever-changing socio-economic environment, it has become inevitable for universities to realign their growth strategies and learn some corporate tricks for resource generation and fund-raising.
Dr. Sohail Naqvi, Vice Chancellor, Lahore University of Management Sciences said that the University Advancement program of HEC aimed at introducing the methodology of fund-raising that is practiced worldwide. He said that every university should have a University Advancement Office for effectively managing the fund-raising activities.
Minister of State for Education Mr. Baleegh-ur-Rahman chairs the HEC Conference on University Advancement. Chairman HEC, Engr. Imtiaz Gilani, Dr. Mukhtar Ahmed, Dr. Ishrat Husain and Dr. Sohail Naqvi are also present.