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Overview

China COSCO Shipping Corporation Limited (COSCO) donates 80,000 masks and 288 bottles of antiseptic to the municipal governments of Piraeus, Keratsini-Drapetsona, Salamis, and Perama

Commitments (Constant USD, 2023)$57,777
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
Apr 23, 2020
Start (actual)
Apr 23, 2020
End (actual)
Apr 23, 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

  • COSCO SHIPPING (China COSCO SHIPPING Corporation Limited)

Receiving agencies

Government Agencies

  • Keratsini-Drapetsona Municipal Government
  • Perama Municipal Government
  • Piraeus Municipal Government
  • Salamis Municipal Government

Loan description

China COSCO Shipping Corporation Limited (COSCO) donates 80,000 masks and 288 bottles of antiseptic to the municipal governments of Piraeus, Keratsini-Drapetsona, Salamis, and Perama

Narrative

Full Description

Project narrative

On April 23, 2020, the China COSCO Shipping Corporation Limited (COSCO) donated 80,000 masks and 288 bottles of antiseptic to the municipal governments of Piraeus, Keratsini-Drapetsona, Salamis, and Perama. The purpose of the donation was to fight the COVID-19 pandemic and promote public health. The delivery of the materials took place on April 23, 2020 at a donation ceremony attended by Mr. Fu Chengqiu, President of the Piraeus Port Authority SA.

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.