Chinese enterprises donate $65,000 to Cambodian stampede victims
Commitment amount
$ 145035.9787
Constant 2017 USD
Summary
Funding agency [Type]
Bank of China (BOC) [State-owned Commercial Bank]; China Road & Bridge Corporation (CRBC) [State-owned Company]; Shanghai Construction Group General Co. [State-owned Company]
Recipient
Cambodia
Sector
Emergency response (Code: 720)
Flow type
Grant
Concessional
Yes
Category
Project lifecycle
Description
On November 25th 2010, Chinese enterprises in Cambodia donated a total of $120,000 USD to the victims of a major stampede Monday night in the capital city. Huawei (Cambodia) Technologies Co., Ltd donated $30,000, Shanghai Construction Group donated $25,000, China Road & Bridge Corporation donated $30,000, and Bank of China donated $10,000. The remaining $25,000 came from unspecified Chinese enterprises. Only the contributions from Shanghai Construction Group, China Road & Bridge Corporation, and Bank of China are counted as Official Finance since they are state-owned entities. The contributions from the private companies (Huawei and unspecified companies) is considered cofinancing funding.
Number of official sources
0
Number of unofficial sources
2
Details
Cofinanced
Yes
Cofinancing agencies [Type]
Huawei Technologies Co., Ltd. [Other]; Unspecified Chinese companies [Other]
Receiving agencies [Type]
Government of Cambodia [Government Agency]