Siam Cement Group of Thailand said it will spend P4 million this year for Sharing the Dream Scholarship Program in the Philippines.
The company said the amount would be used to provide educational assistance to 230 underprivileged Filipino high school students.
The program, now on its ninth year, aims to help Filipino youth achieve their goals.
SCG teamed up with the Philippine Business for Social Progress to expand the program in Tondo, Manila in addition to areas where SCG subsidiaries operate such as Batangas, Bulacan and Taguig.
“We believe SCG Sharing the Dream is a stepping stone for students to reach for a brighter future. We believe that by investing in education we are helping bring long-term development to our host communities,” said SCG country director Phaskorn Buranawit.