Oil and Gas Development Company Limited (OGDCL) with the collaboration of Higher Education Commission (HEC) will award as many as 25 need-cum-merit based scholarships worth 37 million to International Islamic University, Islamabad (IIUI).
A launching ceremony for the announcement of the award of 260 scholarships was held at OGDCL. Under this programme, OGDCL will provide half of the scholarships to the eight public sector engineering universities, whereas remaining to Quaid-e-Azam University and International Islamic University Islamabad in other disciplines during 2016/17.
Mr. Shahid KhaqanAbbasi, Federal Minister for Petroleum and Natural Resources was the chief guest of the MoU signing ceremony which was also attended by Dr. Mukhtar Ahmed, Chairman HEC, Rector IIUI Dr. Masoom Yasinzai, President IIUI, Dr. Ahmed Yousif Al-Draiweesh, Managing Director OGDCL , Mr. Zahid Mir, and other IIUI officials.
Speaking on the occasion, Mr. Shahid Khaqan Abbasi said that funds worth Rs. 141 million will be spent on the award of scholarships, adding that as many as 70 scholarships will be awarded for vocational training of poverty-stricken students.
Dr. Mukhtar Ahmed said on the occasion that solution to all problems in the country lies in promotion of education. He added that since the inception of HEC, more than 200000 scholarships have been awarded.
The IIUI leadership appreciated the initiative and thanked OGDCL and HEC high ups for awarding scholarships to the university.