Zijin Mining grants 150,000 PEN in materials for flood relief efforts in Peru
Commitment amount
$ 53005.753072591906
Adjusted commitment amount
$ 53005.75
Constant 2021 USD
Summary
Funding agency [Type]
Zijin Mining Group Ltd. [State-owned Company]
Recipient
Peru
Sector
Emergency response (Code: 720)
Flow type
Grant
Infrastructure
No
Category
Project lifecycle
Geography
Description
In March 2017, Zijin Mining's subsidiary in Peru granted three batches of materials worth about 150,000 PEN in total to disaster relief efforts following major flooding and natural disasters earlier in the month. The materials granted included food, medicine, tents, raincoats, boots, and others. Zijin Mining's project in Peru is located in the northern province of Piura, one of the areas hardest hit by floods, and also provided help reconstructing infrastructure destroyed by the disasters. The company was planning another batch of assistance in addition to these materials, but it is unclear if that was ultimately accomplished. These grants were organized through a larger effort by the Association of Chinese Enterprises in Peru (秘鲁中资企业协会 or 中企协), which helped coordinate the relief efforts among Chinese-funded enterprises. This project is completed.
Additional details
Zinjin Mining is coded as private because the state holds 23.88% of the shares. See: https://www.qcc.com/firm/52117ae11b9c655887c62bce872d5ad3.html.
Number of official sources
2
Number of total sources
3
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Peru [Government Agency]
Implementing agencies [Type]
Peruvian Association of Chinese Enterprises [Private Sector]