Komatsu Ltd. (hereinafter "Komatsu") (President & CEO: Kunio Noji) has formally entered an agreement with Far Eastern Federal University (hereinafter "FEFU") (President: Dr. Sergey Ivanets) to offer cooperation in human resource development for regular construction, mining and road construction sectors in far eastern Russia.
Against the backdrop of recent growth of the far eastern Russian economy, investment has been burgeoning in the construction, mining and road construction sectors, expanding the use of construction and mining equipment. As a result, it has become urgent to facilitate the growth of engineers and mechanics for those sectors. With the strong belief that human resource development should result in social contributions that foster further growth of the local economy, Komatsu has decides to cooperate with FEFU in Vladivostok, one of the largest higher education institutions in the region.
Specifically, Komatsu is planning to offer free-of-charge lending of facilities and equipment for use in the Construction and Road Building Machinery Laboratory of FEFU's School of Engineering and Construction, establish a special course of construction equipment to be taught by Komatsu engineers, and accept training of instructors at Komatsu's plants and training centers in Japan and Yaroslavl, Russia.
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