Bilquis & Abdul Razak Dawood (BARD)
Foundation has signed a Memorandum of Understanding (MoU) with the Ghulam Ishaq
Khan Institute of Engineering Sciences and Technology (GIKI) to establish a
DESCON Endowment Fund.
This fund will be available to both male and
female students from underprivileged backgrounds enrolling in GIK Institute
from September 2022.
The MoU signing ceremony was graced by Chairman,
Board of Governors BARD Foundation Abdul Razak Dawood, along with other BoG
Members Faisal Dawood and Farooq Nazir.
GIK Institute was represented by its Rector Professor Dr. Fazal Ahmad Khalid
(SI), Pro-Rector (Academic) Prof. Dr. Wasim Ahmed Khan, the Dean of Mechanical
Engineering Faculty Dr. Khalid Rahman and Director Finance Shahid Farooq.
“At BARD and Descon, we firmly believe that
industry-academia collaboration enhances knowledge, innovation and plays an
integral part in the economic growth of developing countries. The objective of
our endowment funds is to empower students from underprivileged backgrounds to
acquire the right set of technical skills and knowledge so their talent is
channelized in the right direction,” said Abdul Razak Dawood.
Experts believe that universities create
knowledge and unless that knowledge is not based on the industrial need, it is
of no use. This is why BARD Foundation and Descon's philanthropic initiatives
and their efforts toward academic enrichment have been appreciated by key
stakeholders.
BARD Foundation is a human-development
initiative, founded by the renowned industrialist, Abdul Razak Dawood and his
philanthropist wife, Ms. Bilquis Dawood. The foundation seeks to utilize
its resources to support the talented but less-fortunate individuals, helping
them achieve their true potential. This initiative is also supported by Descon
Engineering Limited - a leading Pakistani enterprise which has successfully
built several large-scale, infrastructure-projects in many countries.
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