November 27, 2024

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Faculty of Chemical and Energy Engineering Won USD100,000 IDB Prize

Faculty of Chemical and Energy Engineering (FCEE) won USD 100,000 Islamic Development Bank (IDB) Prize of Excellence in Science and Technology, cited as an “Institution having achieved outstanding contribution to a given scientific discipline”.

In recognition of the crucial role of Science and Technology (S&T) towards social and economic development, the Islamic Development Bank (IDB) has, over the years, diversified and increased its assistance to its member countries in this area.

While the Islamic Development Bank (IDB) continued to direct its efforts and financing to capacity-building, procuring equipment and establishing infrastructure of S&T, it has realized the necessity to develop a leading scientific elite among science and technological institutions in member countries through the pursuit of excellence.

The Bank established the IDB Prizes for Science and Technology in 2001. These prizes underscore the commitment to mustering the application of relevant contemporary scientific advancement for the socio-economic welfare of Member Countries by rewarding excellence among the academic and research institutions.

The objectives of the IDB Prizes for Science & Technology stand to acknowledge and encourage the achievements of the successful institutions;
Promote sound and fruitful competition among the science and technology education and research institutions in Member Countries towards achieving excellence;
Raise awareness of policy among decision makers about the present and potential contribution of science and technology to sustainable development.

The IDB Science and Technology Prize consist of three (3) categories awarded on the occasion of the Annual Meeting of the IDB Board of Governors. Each prize will consist of a cash award of one hundred thousand (100,000) US dollars, a trophy and a certificate mentioning the name of the winner and its accomplishments.

Congratulation and well done Faculty of Chemical and Energy Engineering (FCEE)

More info at http://www.isdb.org

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