Kathmandu, January 24:

Kathmandu University (KU) and Khetan Group (KG) has come together and signed an agreement for collaboration on academic, research and professional matters, today.

Chairman of KG Rajendra K Khetan and dean of KU-School of Management Prof Subash KC signed the agreement on behalf of their respective organisations. Under the agreement KU will use KG as laboratory for its management students and exchange cooperation on management trainee, internship, field visits and training.

VC of KU Dr Suresh Raj Sharma, on the occasion, said Nepal needs to create wealth before distribution and management of corporate sector.

Prof KC and Khetan briefed on the various areas of cooperation between the two organisations. The main objective of the collaboration is to establish a business-academic partnership framework for contributing to the development and utilisation of professional management resources and practices.