Maldives initiates 'Corporate Scholarship Scheme'

Maldives initiates 'Corporate Scholarship Scheme'

The government introduced a scholarship program 'Corporate Scholarship Scheme' to offer more opportunities for those seeking higher studies.

A special function was held at the Islamic Centre in capital Male' City to launch the scheme, which was initiated by Ministry of Higher Education in partnership with state-owned enterprises and the corporate sector.

Under the scheme, state companies would help fund the remaining portions of partial scholarships, changing them into fully funded ones.

Speaking at the ceremony, Vice President Faisal Naseem stated that the administration is committed to not leave any citizen or company behind in its path towards development.

He also highlighted the need for human resource development in different fields and emphasized the importance of utilizing all the available opportunities.

Additionally, VP Naseem spoke highly of the skills and creativity of Maldivians and stated that locals are capable of assuming job opportunities currently occupied by foreigners.

Furthermore, he urged state-owned enterprises and private parties to partner with the program and seek ways to provide higher education opportunities for their staff.

The scheme seeks to enhance and diversify higher education and training opportunities available both locally and internationally. It would also assist employees with career development and guaranteed employment under service-bond agreements with the corporate partners while increasing the knowledge and skills required for the labour market.