The Warid Telecom on Wednesday joined hands with the Government College University Lahore Endowment Fund Trust (GCU EFT) to support education and donated the trust Rs 800,000. Warid Telecom Sales and Distribution Head Amer Aman Khan handed over the cheque to GCU Vice-Chancellor Professor Dr Muhammad Khaleeq-ur-Rahman at a graceful ceremony at the GCU Syndicate Committee Room.
GCU EFT Executive Committee Secretary Dr Khalid Manzoor Butt and Warid officials including Iqtidar Raja also attended the ceremony. Speaking on the occasion, Professor Dr Muhammad Khaleeq-ur-Rahman said that the recent economic crunch has greatly affected the institutions of higher learning in Pakistan and there is a dire need that noted companies like Warid should come forward and support quality education in Pakistan.
He said that the world over universities have come forward by establishing their endowment funds with the help of their old students and corporate sector. "Harvard University has an endowment fund worth billions of dollars," he added. However, he said that GCU is the only public sector university in Pakistan which has an active endowment fund giving scholarships to deserving students.