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Overview

Hambantota International Port Group Co., Ltd. (HIPG) contributes to USD 100,000 'Love Village' Project in Panila, Sri Lanka

Commitments (Constant USD, 2023)$34,391
Commitment Year•2020Country of Activity•Sri LankaDirect Recipient Country of Incorporation•Sri LankaSector•Other Social Infrastructure And ServicesFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jun 23, 2020
Start (actual)
Jun 23, 2020
End (actual)
May 26, 2022

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

  • Hambantota International Port Group (HIPG)

Cofinancing agencies

Joint Venture/Special Purpose Vehicles

  • Colombo International Container Terminals Limited (CICT)

State-owned companies

  • China Merchants Foundation (CMF)

Receiving agencies

Government Agencies

  • Government of Sri Lanka

Loan description

Hambantota International Port Group Co., Ltd. (HIPG) contributes to USD 100,000 'Love Village' Project in Panila, Sri Lanka

Narrative

Full Description

Project narrative

In 2019, China Merchants Port Group launched the "China Merchants Silk Road Charity Village" project. The goal of this project was to select eligible poor villages and help them develop. In 2020, China Merchants Port Group selected Panila Village for the first village to support. China Merchants Charity Foundation, Hambantota International Port Group Co., Ltd. (HIPG), and Colombo International Container Terminal Co., Ltd. provided over USD 100,000 in funding to build a community center, health center, agriculture center, playground facilities as well as provide financial assistance to the village temple. On June 23, 2020, a groundbreaking ceremony was held for the "Love Village" Project in Panila, Sri Lanka. The project was completed on May 26, 2022. The project also cooperated with the Sri Lanka Agricultural University and related training institutions to provide agricultural technology training to local villagers, assist in the export of their agricultural products, realize the development of the industrial chain, and truly "teach people to fish".

Staff comments

1. The project title in Chinese is “爱心村” or "招商港口“招商丝路爱心村”项目". The project title in Sinhala is "අපේක්ෂාවේ ගම්මානය" 2. The exact value of the donation is unknown, but was reported as around USD 100,000. AidData assumes that each donor provided an equal contribution to the grant, for an estimated USD 33,333 each (USD 100,000 / 3 = USD 33,333)