DP World Limassol and the Cyprus University of Technology (TEPAK) signed a cooperation agreement on Monday, 23rd of January during a special ceremony held at the University’s premises in Limassol.
The two sides signed a Memorandum of Understanding (MoU) to conduct joint research projects, exchange personnel, and implement small-scale ventures. DP World Limassol has also pledged to continue to make internships available to TEPAK students and support their research projects.
The MoU was signed by DP World Limassol CEO Mr Nawaf Abdulla, and TEPAK Rector, Professor Panayiotis Zaphiris.
DP World Limassol’s CEO, Mr Nawaf Abdulla underlined that the MoU is in line with the DP World’s commitment to have a positive impact on the community: “We are very excited to further strengthen our cooperation with TEPAK students and scientists. Over the past few years, we provided internships to students pursuing a degree in shipping or related fields with excellent results, with a number of them being offered permanent positions. It truly is an honour to be cooperating with such a reputable organisation, and we believe that we can both learn from one another. Furthermore, DP World’s sustainability strategy will continue to build on our success of providing opportunities for students through our industry, whilst expanding our focus areas to include three additional themes – access to education, skills for the future and industry exposure”.
Cyprus University of Technology Rector, Professor Panayiotis Zaphiris expressed satisfaction over the agreement, which would benefit both sides:” I am pleased to see that there are many areas of common interest where we can collaborate for the mutual benefit and progress of two sides, such as energy, shipping and technology. I would also like to thank DP World Limassol for the internship and employment opportunities it offers to CUT students and graduates. Our University attaches great importance to extroversion and the effective interconnection of its study programmes with the industry and the labor market. These two issues consist one of the main pillars of the CUT’s strategic development planning. I am confident that today’s agreement paves the way for joint actions and sets out the framework for enhanced cooperation between our organizations for the benefit of the Cypriot economy and society”.