Bank of China and China Foundation for Poverty Alleviation provide 100 scholarships to students at Yangon University, Myanmar
Commitment amount
$ 161860.43512860854
Adjusted commitment amount
$ 161860.44
Constant 2021 USD
Summary
Funding agency [Type]
Bank of China (Hong Kong) Limited (BOCHK) [State-owned Commercial Bank]
Recipient
Myanmar
Sector
Education (Code: 110)
Flow type
Grant
Infrastructure
No
Category
Project lifecycle
Geography
Description
On December 3, 2020, a donation ceremony was held for the 100 scholarships being provided to students at Yangon, University by Bank of China's Hong Kong branch and the China Foundation for Poverty Alleviation. The value of the donation amounts to RMB 1 million. This scholarship program is partially motivated by Bank of China HK's plan to open a branch in Myanmar in January 2021.
Additional details
1. The Chinese name for the scholarship is:中国银行—仰光大学奖助学金项目 2. According to the CFPA, the donation was from BOC and went through the association, therefore AidData code CFPA as the implementing agency.
Number of official sources
4
Number of total sources
5
Details
Cofinanced
No
Direct receiving agencies [Type]
Yangon University [Miscellaneous Agency Type]
Implementing agencies [Type]
China Foundation for Poverty Alleviation (CFPA) [NGO/CSO/Foundation]