Dhaka University has introduced a new fund named 'The Dhaka University Trust Fund' today to strengthen its economic stability.

DU Vice Chancellor prof Mohammad Akhtaruzzaman inaugurated the fund at the Abdul Matin Chowdhury Auditorium around 12 pm on Saturday.

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Four big corporate companies donated Tk 1.11 cr and the fund started the journey with this amount.

DU VC prof Mohammad Akhtaruzzaman presided over the programme while DU treasurer prof. Mamtazuddin Ahmed was the special guest.

Heads of the donor companies were present in the inauguration programme. They are Anwar-ul-Alam Chowdhury, president of Dhaka University Alumni Association, Alhaj Sufi Mohammad Mizanur Rahman, Chairman of PHP Family, Dr. Preeti Chakraborty, chairman of Universal Medical College and Hospital, and Dr. Mostafizur Rahman, Chairman of Popular Medical College and Hospital.

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Deans from faculties and provosts from different halls were also present in the inauguration ceremony.

DU VC said, " initially the activities of this fund started today by receiving donations. It will continue and every year through a programme, donation checks will be accepted from Dhaka University Alumni, established individuals from various walks of life, reputed institutions, wealthy donors, individuals who are fond of education and research."

The Vice-Chancellor later expressed optimism that it would be possible to increase the capital of this fund to 1000 crores by accepting donations in a grand ceremony where Prime Minister Sheikh Hasina will be present.

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He also called upon well-established Dhaka University alumni and philanthropic individuals and organizations at home and abroad to further increase the funds of this fund to enrich the education and research of Dhaka University.