A Memorandum of Understanding was signed between board of management Sundar Industrial Estate (SIE) and ESUPAK, University of Engineering & Technology (UET) Lahore. The purpose of this MoU was to take technical expertise of UET regarding “Mutual academic, research and development, cooperation, consultancy, advices, trainings and services in future for planning and designing of different engineering projects at SIE”.
According to this MoU the UET will provide its technical expertise for different types of projects of SIE with full cooperation. In lieu of technical support, both parties shall try their best to incorporate involvement of ESUPAK professionals and experts with opportunities atindustries inside. Chairman ESUPAK Board of Directors Vice Chancellor UET Prof. Dr. Syed Mansoor Sarwar chaired the session. The mutual technical and financial contracts between both parties will be signed on project to project basis and scope will also be defined accordingly in those contracts. The construction, interpretation and enforcement of this MOU shall be governed by the laws of Pakistan.
According to MoU, either party can withdraw from the agreement at any time, but by taking the other party into confidence.