Bank Alfalah, TCF to set up primary school in Nawabshah

Business Mar, 21 2023
Bank Alfalah, TCF to set up primary school in Nawabshah
  • 285
  • 0

Karachi: Bank Alfalah partnered with The Citizens Foundation (TCF) to fund construction of primary school in Asif Nagar in Nawabshah for Rs 49 million. Bank Alfalah’s contribution towards rebuilding schools is particularly noteworthy given that more than 25,000 schools have been damaged in Pakistan. Donated amount will facilitate building of TCF primary school, contributing to organisation’s efforts to increase literacy in areas where education is hindered by flood damage.

Atif Bajwa-President CEO of Bank Alfalah along with Asad M Saleem co-founder Chairman of Board, Ateed Riaz co-founder and Zia Akhtar Abbas Executive Vice President among others from attended.

Atif Bajwa said, “Through our commitment to TCF, we aim to uplift lives of our nation’s future generations and empower them on their journey towards brighter future. “

Ahsan Saleem Chairman of The Citizens Foundation said, “TCF will provide access to quality education for children in district of Nawabshah. Education is still dream for many children residing in underserved communities>”

School will provide education from kindergarten to fifth grade comprising 30 students in every class with an overall operational capacity of 180 students, 8 faculty and 5 non-faculty members to ensure reasonable teacher-student ratio. It will be purpose-built primary school with essential facilities like running water, electricity, classrooms and library and resource centre for children affected by catastrophic floods.

Published in The Daily National Courier, March, 21 2023

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.

NC Big Stories

Beyond Intelligence: A Tech Lead’s Frontline View of AI’s Advancement

Artificial Intelligence has advanced from lab curiosity to boardroom necessity. But as companies race to integrate AI into their operations the people quietly directing these transformations often remain unseen. Muhammad Faizan Khan, a seasoned Tech...

'Bilawal eyes COAS-Trump talks as positive step'

ISLAMABAD: Pakistan Peoples' Party Chairman, Bilawal Bhutto Zardari, hailed the upcoming meeting between Pakistan's Field Marshal Syed Asim Munir and US President Donald Trump as a positive development for strengthening Pakistan-US relations. In a st...

Iran has 'legitimate' right to self-defence: Erdogan

ISTANBUL: Turkish President Recep Tayyip Erdogan said yesterday Iran had the "legitimate" right to defend itself in the face of Israel's ongoing bombing campaign, now in its sixth day. "It is a very natural, legitimate and legal right for Iran to def...

Iran-Israel conflict threat to regional, global peace: PM

ISLAMABAD: Prime Minister Shehbaz Sharif termed the escalating armed conflict between Iran and Israel as “very alarming,” warning that the situation poses a grave threat to both regional and global peace. Speaking during a cabinet meeting...

More like this
Related

Govt eyes on sustained growth driven by domestic resources: Ahsan Iqbal

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal while highlighting development priorities of the government, has that Balochistan has been put on an accelerated development path for which Rs230 billion have b...

ADB projects Pakistan's GDP growth at 2.5%, inflation at 6%

ISLAMABAD: The Asian Development Bank (ADB) has projected Pakistan's GDP growth to remain steady at 2.5% in the fiscal year 2025 (FY2025), with a slight increase to 3% in FY2026. The growth is supported by the implementation of a reform program that...

Pakistan, Turkiye sign joint bidding agreement for offshore oil exploration

ISLAMABAD: In a significant step towards enhancing bilateral cooperation in the oil and gas sector, Pakistan and Turkiye have signed a joint bidding agreement to jointly participate in an offshore bid round in Pakistan. The agreement was signed on th...

Alvarez & Marsal delegation calls on FinMin Aurangzeb

ISLAMABAD: In a significant move towards enhancing Pakistan's economic future, Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, hosted a high-level delegation from global professional services firm Alvarez & Marsal at the Fin...
Need Help? Chat with us