The Bestway Foundation, the philanthropic arm of the Bestway Group has announced details of an exciting new £1.8million endowment fund with the world renowned Oxford University.
The group has teamed up with the university to create a scholarship programme that will see two graduates from Pakistan study at the University every year in perpetuity. The scholarship, to which the Bestway Foundation has committed £1.1million, will cover all expenses including tuition and accommodation fees and will be open to students wanting to study science, technology, maths and engineering-related disciplines.
Zameer Choudrey, Chief Executive of the Bestway Group and Trustee of the Bestway Foundation is delighted with the latest association with the university: “The Bestway Foundation has a proud history of supporting educational scholarships both in the UK and Pakistan. In Pakistan our donations have now exceeded US$3.5m and our latest endowment to Oxford University follows on from our five year agreement with the University of Bradford to fund five annual scholarships to support postgraduate students applying from Pakistan.”
Mr Choudrey continues, “The Bestway Foundation is determined to contribute to the communities in which we operate with health and education being two core areas for our donations. I am delighted at this new endowment which will give students from Pakistan the opportunity to study at unarguably one of the greatest seats of learning in the world.”
The Bestway Foundation was established in 1987 by the group founder Sir Anwar Pervez OBE HPk. Each year the Bestway Group contributes approximately 2.5% of its profit to the Foundation for its various charitable activities. Over the years the Bestway Group has donated in excess of £14.1 million in the UK alone to fund the Foundation in its charitable activities and in Pakistan Bestway Cement and United Bank have donated over US$10.5 million.