In a ceremony held at National University of Sciences and Technology (NUST) earlier this week, Bestway Foundation and NUST Trust Fund (NTF) signed an agreement to establish Bestway Scholarship Endowment Fund of PKR 12.5 million for the benefit of financially challenged students enrolled at the University’s undergraduate Programs. These scholarships will be given to five (5) Student Beneficiaries, primarily covering their fee expenses every year.
Speaking on the occasion, Mr. Irfan Sheikh, Trustee Bestway Foundation and Director Finance & CFO – Bestway Cement Limited said, “Higher education is essential for building a strong and vibrant society, whereas many talented and well deserving youth is unable to continue their education due to lack of sufficient financial resources. Bestway Foundation, in keeping with its resolve to support the deserving students, decided to set up an endowment fund with NUST to provide financial assistance to the students applying in undergraduate degree program in either of the disciplines of Environmental Engineering, Metallurgy & Materials Engineering, Mechanical Engineering, Computer Engineering and Mechatronics Engineering.”
Bestway Foundation; established in 1987 in the UK and later in 1997 in Pakistan; is the philanthropic arm of Bestway Group UK. To date Bestway has contributed more than US$34 million to fund the charitable activities of national and international societies and support projects of communal uplift in the countries in which it operates.
Bestway Foundation plays an active part in the socio-economic development of local communities such as provision of quality education to deserving, improving access to health services, taking part in urban development, environmental conservation programs and helping create businesses and jobs.
It is certified from the Pakistan Centre for Philanthropy and ranks amongst the Top 15 companies of Pakistan by volume of donations.
Since its establishment, the Foundation has provided scholarships to over 500 students to pursue higher studies home and abroad primarily in the UK, USA and Canada. Bestway is also offering 12 fully funded scholarships every year for deserving and talented Pakistani students in the Oxford University, University of Bradford and University of Kent in the UK.
The Foundation has been a significant donor to various educational and health institutions in Pakistan including NAML University Mianwali, Shaukat Khanum Memorial Trust, Institute of Business Administration, Ghulam Ishaq Khan Institute Swabi, Lahore University of Management Sciences, Abdul Sattar Edhi Foundation, Sindh Institute of Urology & Transplantation, Northern University Peshawar, Layton Rahmatullah Benevolent Trust, National Society for Mentally and Emotionally Handicapped Children, Forman Christian College University Lahore, Shalimar Hospital, Al Mustafa Welfare Trust, Thathi Welfare Foundation, Pakistan Hindu Council, Sahara for Life Trust, Zindagi Trust, Khpal Kor Foundation, Kaghan Memorial Trust, Care Foundation, Family Educational Services Foundation, Muhammad Gulistan Khan Foundation, Alif Noon Parent Foundation and many more.
In addition to pursuing its core objective of improving education, Bestway Foundation also provides financial assistance to a large number of widows and indigents to the local communities in which it operates, in the form of monthly stipends.
Bestway Foundation also provides free medical facilities to more than 35,000 patients in its local communities annually through the medical units located at all factories. It has been prudently supporting many natural disaster rehabilitation and relief efforts across the country, marking a recent contribution of distributing Food Packages to almost 1000 households in Tharparkar, Sindh.
