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Overview

Andes Petroleum funds Andes Cocoa Garden Project in Ecuador to support health and education services

Commitment Year2006Country of ActivityEcuadorDirect Recipient Country of IncorporationEcuadorSectorOther Social Infrastructure And ServicesFlow TypeGrant

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2006
Start (actual)
Jan 1, 2006

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

  • Andes Petroleum Corporation

Receiving agencies

Government Agencies

  • Government of Ecuador

Loan description

Andes Petroleum funds Andes Cocoa Garden Project in Ecuador to support health and education services

Narrative

Full Description

Project narrative

In 2006, Andes Petroleum, a joint venture subsidiary of China National Petroleum Corporation (CNPC) and Sinopec, launched the Andes Cocoa Garden Project in Ecuador as part of its corporate social responsibility (CSR) program to “build a harmonious community” in the areas surrounding its oil operations. Through this initiative, Andes Petroleum funded and delivered social development projects benefiting local communities. These included the provision of mobile medical teams to expand access to healthcare services and the donation of school buses to improve student access to education. By 2015, the project had resolved the commuting difficulties for more than 500 students living in rural areas whose homes were far from schools, while also strengthening access to medical care for local residents. The program was highlighted in CNPC’s international CSR reports as a model of corporate-community engagement in Latin America.

Staff comments

1. While exact signing and construction dates are not available, the project’s start year is documented as 2006, with activities continuing into the mid-2010s.