PGPIC signs $30 mln deal with Education Ministry to boost schooling in deprived areas

PGPIC signs $30 mln deal with Education Ministry to boost schooling in deprived areas
(Sunday, August 17, 2025) 11:35

TEHRAN (NIPNA) – Persian Gulf Petrochemical Industries Co. (PGPIC) has signed a 15 trillion rials ($30 million) memorandum of understanding with the Ministry of Education to expand educational infrastructure and vocational training in underprivileged regions, state media reported on Sunday.

 

The agreement, signed by Education Minister Alireza Kazemi and PGPIC CEO Mohammad Shariatmadari, is part of President Masoud Pezeshkian’s drive to promote educational equity across the country.

Under the deal, PGPIC will provide 5 trillion rials through its corporate social responsibility programme and 10 trillion rials under Article 20 of the Seventh Development Plan. The ministry will be responsible for identifying priority areas, securing permits, preparing implementation plans, supervising construction and providing teaching staff.

The projects will focus on upgrading classrooms, equipping schools in deprived communities, and building new technical high schools to strengthen vocational education. The scope of the programme covers operational zones where PGPIC subsidiaries are based.

“Education is the foundation of national development. If it had been prioritised since the revolution, many of today’s crises would not exist,” Kazemi said at the signing ceremony. He added that Pezeshkian’s government sees education as a central pillar for both social equity and economic progress.

Shariatmadari said the petrochemical group aimed to channel a major share of its social responsibility spending toward improving educational infrastructure in oil and gas hubs. “Iran’s petrochemical industry has been built by graduates of our education system. Strengthening this link is essential for the future,” he said.

 


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