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Overview

CCB contributes grant funding to UTS: ACRI in 2019

Commitment Year•2019Country of Activity•AustraliaDirect Recipient Country of Incorporation•AustraliaSector•Other Social Infrastructure And ServicesFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2019
Start (actual)
Jan 1, 2019
End (actual)
Jan 1, 2019

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

State-owned Commercial Banks

  • China Construction Bank Corporation (CCB)

Receiving agencies

Government Agencies

  • University of Technology Sydney

Loan description

CCB contributes grant funding to UTS: ACRI in 2019

Narrative

Full Description

Project narrative

In 2019, 18% of the funding for the University of Technology Sydney's Australia-China Relations Institute (UTS: ACRI) derived from external contributions. The Australia-China Relations Institute is an affiliated think tank established by the University of Technology Sydney to focus on Australia-China relations. External contributions for 2019 included registration fees from hosting the inaugural China Masterclass and corporate contributions received from China Construction Bank (CCB) and Yancoal in addition to others (HSBC, King & Wood Mallesons, Moelis Australia, PwC, Star Entertainment). The total corporate contributions towards the 2019 funding totaled to $269,590 AUD, but the amount provided by CCB is unknown.

Staff comments

1. AidData cannot accurately estimate CCB's contributions using the equal contributions assumption, as the collected registration fees for hosting the inaugural China Masterclass are also included in the total external contributions for 2019.