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18

Chevron To Help Develop a Higher School in Indonesia

Chevron Corporation CVX, the Government of Aceh

Chevron Corporation with several institutions of Indoneisa and the USA announced plans to develop a polytechnic institute in Aceh province, Indonesia.

A memorandum of understanding has been signed by the four parties during a ceremony in the provincial capital city of Banda Aceh. The initiative follows a short-term vocational training program that enabled 350 students from Aceh and Nias to graduate from the Chevron Polytechnic in Riau province.

The proposed Aceh Polytechnic is part of the Vocational Training Alliance for Aceh, a $10 million commitment from Chevron and USAID to support vocational training needs in the province. The Alliance supports the Government of Indonesia's plan to assist in restoring people's livelihoods following the tsunami of December 26, 2004.