To enhance education and workforce readiness in the country, Theodist Limited has entered into a strategic partnership with IBS University (IBSU) and IBS College of TVET (IBSC) through the signing of a Memorandum of Understanding (MOU).
The signing ceremony was held at Theodist Business Superstore headquarters in Port Moresby, with senior representatives from all three organizations in attendance.
The partnership aims to provide students from IBSU and IBSC with on-the-job training opportunities, enabling them to gain valuable hands-on experience and apply their classroom knowledge in real-world environments.
In return, IBS University will deliver specialized training workshops for Theodist staff, led by faculty experts in business, technology, and management.
Speaking at the event, Theodist CEO Kumar Baliah said the partnership reaffirmed the company’s ongoing commitment to education.
“Theodist has always believed in the power of education to transform lives. This partnership with IBSU and IBSC strengthens our long-standing support for PNG’s education sector by creating a direct link between learning and industry.”
“We’re excited to offer real-world opportunities to students while also opening up pathways for our team to learn and grow alongside academic professionals.”
Collaborative initiatives such as guest lectures, student mentoring, guided industry visits, and participation in curriculum development, are included to ensure that academic content remain with industry trends and standards.
IBSU Vice Chancellor, Professor Ramachandran Arunachalam, welcomed the partnership as a step toward preparing students for the realities of the workforce.
“IBSUniversity is committed to the holistic development of its students by offering practical, experience-based learning opportunities.”
“The Memorandum of Understanding with Theodist is a strategic step toward bridging the gap between academic learning and industry expectations.”
“This ensures that students graduate not only with academic qualifications but also with practical, job-ready skills.”
Supporting these views, IBSC Head Mr. Sagara Wijeratne noted that the MOU builds on an already established relationship with Theodist.
“We have a long-standing relationship with Theodist. This MOU formalises our understanding in order to enhance the quality of education by improving the practical skills of our students with the facilitation and support of Theodist.”
The three-year MOU, with potential for renewal, is aligned with Theodist’s broader mission to empower education and business in PNG through trusted and impactful service delivery.
This partnership reflects a shared commitment by all parties to contribute meaningfully to national development by cultivating a skilled, industry-ready workforce through collaboration between academia and the private sector.
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