Overview

Piraeus Port Authority S.A. (PPA) donates 10,000 pairs of medical gloves, 500 protective overalls, and 500 pairs of goggles to the Greek Coast Guard for COVID-19 prevention

Commitments (Constant USD, 2023)$11,246

Commitment Year•2020Country of Activity•GreeceDirect Recipient Country of Incorporation•GreeceSector•HealthFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Mar 19, 2020

Start (actual): Mar 19, 2020

End (actual): Mar 19, 2020

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

Piraeus Port Authority SA

Receiving agencies

Government Agencies

Greek Ministry of Maritime Affairs and Insular Policy

Loan description

Piraeus Port Authority S.A. (PPA) donates 10,000 pairs of medical gloves, 500 protective overalls, and 500 pairs of goggles to the Greek Coast Guard for COVID-19 prevention

Narrative

Full Description

Project narrative

On March 19, 2020, China COSCO Shipping Corporation Limited's Piraeus Port Authority S.A. (PPA) donated 10,000 pairs of medical gloves, 500 protective overalls, and 500 pairs of goggles to the Greek Coast Guard for COVID-19 prevention. Mr. Ioannis Plakiotakis, Minister of Maritime Affairs and Island Policy, received the donation on behalf of Hellenic Coast Guard, which is overseen by his ministry. The financial value of the donated materials is unknown.

Staff comments

1. In 2016, Chinese state-owned enterprise China COSCO Shipping Corporation Limited (COSCO) purchased a 51% stake in Piraeus Port Authority S.A. (PPA). In 2021, it acquired another 16% stake, raising its interest to 67%. 2. AidData has estimated the transaction amount for this donation based on price catalogues from the World Health Organization (WHO). Please see the TUFF Methodology for additional details.