A Pune-based Indian firm, an Indonesian company and an Indonesian university on Tuesday signed a memorandum of understanding to foster collaboration in developing information technology, education and research activities in Indonesia.
The MoU was signed by Vijay Bhatkar, director, I2IT Private Limited, Pune; Ishwar Daryanani, coordinator of Yayasan Hassaram, Indonesia and professor H Himendra Wargahadibrata, rector of University of Padjadaran of Indonesia, on the sidelines of the ASEAN Business and Investment Summit addressed by Prime Minister Atal Bihari
Vajpayee.
The areas of cooperation would include any programme or activity feasible to further academic interaction among the parties and the investment for the project would be negotiated further, a press release said in Bali.
The MoU would remain in force for three years.