CNOOC Petroleum Guyana Limited (CPGL) yesterday presented $10 million to the University of Guyana (UG) to support education for primarily Indigenous and other students needing assistance, a release from the company yesterday stated. The gift will provide support for at least three undergraduate scholars for 5 years each, it added.
The grant will be administered by UG and caters for scholarships in Science, Technology, Engineering, Mathematics and Medicine.
According to the release, UG Vice-Chancellor, Professor Paloma Mohamed-Martin, received the grant on behalf of the university from President of CPGL, Liu Xiaoxiang. She noted that CPGL already has an existing cooperation programme with UG to fund tuition for 18 students, with the stipulation that nine of them must be drawn from hinterland communities.
She lauded this additional initiative as a worthwhile contribution toward the education of underprivileged students and toward the university’s aspirational goal of one graduate per household.
Xiaoxiang in turn thanked the Vice-Chancellor for her cooperation which he noted has enabled CPGL to fulfil its Corporate Social Responsibility.
He noted that this latest gift to the University coincides with the 170th Anniversary of the arrival of Chinese in Guyana as well as the Lunar New Year of the Rabbit. “This support comes from the bottom of our heart,” said the CPGL President, the release added.
