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