Japanese ITOCHU Invests US $7.5 Million in Hamad bin Khalifa University

Doha, November 24 (QNA) - The Japanese ITOCHU Corporation has signed an agreement with Qatar Foundation for Education, Science and Community Development under which it will invest US $7.5m over 5 years in Hamad bin Khalifa University's (HBKU) education programmes. HE President of Hamad bin Khalifa University Ph.D. Sheikh Abdulla bin Ali Al-Thani said, "We very much welcome the support of ITOCHU Corporation which will help individual students from around the world. I am pleased that ITOCHU, which is a partner in Qatar's oil and gas industry, is now also a partner in our journey towards becoming a knowledge-based society and setting a good example for corporate responsibility toward education." "It is a great honor for ITOCHU to cooperate with the State of Qatar in the development of a new generation of leaders, said ITOCHU President and CEO is Masahiro Okafuji. "We sincerely believe that our contribution to this programme will deliver further prosperity for the state and strengthen bonds between the citizens of Qatar and Japan," he added. ITOCHU's contribution demonstrates its long-term commitment to Qatar's higher education initiatives, and that it is committed to providing students with the financial resources necessary to obtain an education that will enable them to serve as the leaders of tomorrow. (QNA)