Overview

Zijin Mining Group provides 300,000 EUR funding as part of 'For A Better Future' education initiative (linked to Record ID#101721)

Commitments (Constant USD, 2023)$298,396

Commitment Year•2022Country of Activity•SerbiaDirect Recipient Country of Incorporation•SerbiaSector•EducationFlow Type•Grant

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: May 26, 2022

Start (actual): Sep 6, 2022

Geospatial footprint

Map overview

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The purpose of this project was to fund "For A Better Future" education initiative and hold a handover ceremony at Branko Radicevic School, where 1,690 students received 30,215 textbooks, and 3,446 received a Zijin branded school bag. More detailed locational information can be found at: https://www.openstreetmap.org/way/850456553

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 companies

Zijin Mining Group Co., Ltd.

Receiving agencies

Government Agencies

Government of Bor (Serbia)

Loan description

Zijin Mining Group provides 300,000 EUR funding as part of 'For A Better Future' education initiative (linked to Record ID#101721)

Narrative

Full Description

Project narrative

On May 26, 2022, Zijin Mining Group launched the "For A Better Future" (Chinese: 为了未来) initiative. The project was to involve donating textbooks and school bags and providing scholarships for outstanding students over the course of several years. The scholarships were financed separately, as captured in Record ID#101721. For 2022, the initiative had a budget of EUR 300,000. To launch the initiative, Zijin Mining studied educational problems in Bor, a city located near Serbia Zijin Bor Copper, a copper mining and smelting site operated by Zijin Mining Group. As part of this initiative, in September 2022, Zijin Mining Group held a handover ceremony at Branko Radicevic School. 1,690 students received 30,215 textbooks, and 3,446 recieved a Zijin branded school bag. According Zijin's agreement with the school, they will provide textbooks for the next five years for students in grades 5-8 and school bags for students in grades 1-8.