APIIT signs MoU with Nestlé Lanka | Daily News

APIIT signs MoU with Nestlé Lanka

Nestlé Lanka MD Jason Avanceña, APIIT Business School Head Dr. Hasuli Perera, Jagath Wedage, Dr. Chathura Warnasuriya, Gamindu Hemachandra, Bandula Egodage, and Dr. Rohantha Athukorala.
Nestlé Lanka MD Jason Avanceña, APIIT Business School Head Dr. Hasuli Perera, Jagath Wedage, Dr. Chathura Warnasuriya, Gamindu Hemachandra, Bandula Egodage, and Dr. Rohantha Athukorala.

The inaugural APIIT project by APIIT Business School in collaboration with Nestlé Lanka PLC aims to uplift the business of small-scale traders and enterprises.

The collaboration was formalized with the signing of a Memorandum of Understanding (MoU) between the two institutions on September 5, with APIIT Business School Head Dr. Hasuli Perera and Nestlé Lanka PLC Managing Director Jason Avanceña as the signatories.

With the signing of the MoU, representatives of Nestlé Lanka PLC will now conduct a series of focused workshops to train the Business School students on practical aspects of running a small trading business, such as merchandising, stock control and working capital management as part of this retailer business development programme. In turn, each student will work with one traditional street-based local trader in their neighbourhood to assist this small-scale retailer to better optimise resources and manage operations in the current turbulent environment.

Dr. Perera said, “The project is a unique learning experience that will inspire students to uplift the lives of others, which in this instance is the small-scale trader community while allowing them to learn the practicalities of the small-scale retail sector.

Avanceña said, “We are pleased to work with APIIT to uplift rural communities by educating Sri Lanka’s future generation – our youth – about the local retail industry in fulfilment of Nestlé Lanka’s purpose of unlocking the power of food to enhance the quality of life for people and communities we work with.”

APIIT Sri Lanka conducts undergraduate and postgraduate degree programmes in Business, Computing and Law, awarded by Staffordshire University, UK. With a current student population of over 2,000 students and an annual intake of close to 1,000 students, APIIT Sri Lanka is the largest provider of British degree programmes in Sri Lanka.

This will be the first of a series of programmes powering partnerships with leading business organisations in the country that will enable APIIT students to make a meaningful and tangible impact on the community.


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