Sampoerna chosen to help Acehnese

Sampoerna chosen to help Acehnese

JAKARTA: The Sampoerna Foundation has been chosen by the
International Finance Corporation (IFC), the private sector arm
of the World Bank Group, to distribute US$200,000 (Rp 1.9
billion) for the education sector in Aceh.

IFC Country Manager German Vegarra said on Tuesday that the
grant was provided as an expression of the concern by IFC member
countries about the impact of the recent natural disaster and to
contribute to recovery in Aceh.

"A solid foundation in education helps young people achieve
their potential. The children of Aceh must be able to get back to
their studies in proper schools as soon as possible," Vegarra
said.

Elan Merdy, chief operating officer for Sampoerna Foundation
said, "We will live up to this confidence by implementing a
quality program. We will also ensure transparency in
administering the grant so that the people of Indonesia can see
how the funds are being used." --JP