Project ID: 73644

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

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2017-03-01

Actual start

2017-03-23

Actual complete

2017-03-30

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

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Peru [Government Agency]

Implementing agencies [Type]

Peruvian Association of Chinese Enterprises [Private Sector]