Indonesian Political, Business & Finance News

Freeport gives scholarship

| Source: JP

Freeport gives scholarship

JAKARTA: PT Freeport Indonesia made donations Monday for three
East Indonesian students to pursue masters degrees in the United
States under the Fullbright scholarship.

The American mining company's funds are channeled through the
non-governmental organization American-Indonesian Exchange
Foundation, which also administers the Hubert H. Humphrey
fellowship program in Indonesia.

The Freeport scholarships are worth US$60,000.

United States Ambassador to Indonesia J. Stapleton Roy said at
the presentation that 22 Indonesian graduate students, professors
and research scholars went to the United States and 17 American
professors and graduate students either taught or undertook
research in Indonesia with Fulbright support last year and this.

Freeport spokesman Edward J. Pressman said the company
currently trains 300 Irianese, mostly secondary school students,
through its scholarship programs that are part of its community
development program.

Company's director and executive vice president Paul S. Murphy
said that educational and loan programs were being established
for Dayaks in East Kalimantan following Freeport being awarded a
share of the Busang gold mine. He did not elaborate the time
frame or the budget. (01)

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