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Overview

China Merchants Charity Foundation donates USD 30,000 million to Sri Lanka flood victims (linked to Record ID#97177)

Commitments (Constant USD, 2023)$27,664
Commitment Year2021Country of ActivitySri LankaSectorEmergency ResponseFlow TypeGrant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Feb 25, 2021
Start (actual)
Feb 25, 2021
End (actual)
Feb 25, 2021

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

  • China Merchants Group Limited

Cofinancing agencies

Joint Venture/Special Purpose Vehicles

  • Colombo International Container Terminals Limited (CICT)

Loan description

China Merchants Charity Foundation donates USD 30,000 million to Sri Lanka flood victims (linked to Record ID#97177)

Narrative

Full Description

Project narrative

On February 25, 2021, the China Merchants Charity Foundation (CMCF), the charitable arm of China Merchants Group participated in a donation of relief materials worth LKR 5 million with Colombo International Container Terminal Co., Ltd. (CICT) (see Record ID#97177). CMCF donated USD 30,000 to the flood relief effort.

Staff comments

1. The donation amount is unclear. CMCF donated USD 30,000 as part of the LKR 5 million donation, but LKR 5 million is less than USD 30,000.