Monday, March 20, 2006

Nissan pledges 1.5 mil. pounds for Japanese studies in Britain

Nissan Motor Co. President Carlos Ghosn pledged Friday a 1.5 million pound ($2.6 million) donation to further the Nissan Institute of Japanese Studies at Oxford University.

"We are very proud of our association with the institute and to have this opportunity to join the celebration of its 25th anniversary. I am encouraged to see that Nissan's early support has helped the institute gather momentum," Ghosn said in a statement released before the official announcement.

A ceremony for students was due to be held at the university --situated approximately 50 miles northwest of London -- later in the day in order to mark the time past since the institute was founded in 1981 following an initial donation from Nissan.

The institute -- which is already recognized across Europe as one of the leading academic centers focused on the study of modern Japan and is now aiming for worldwide recognition -- will receive the 1.5 million pound Nissan endowment over a period of three years

http://asia.news.yahoo.com/060317/kyodo/d8gdc7185.html

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