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Overview

China Merchants Charity Foundation contributes to LKR 60 million 'Love Village' Project in Sri Lanka

Commitments (Constant USD, 2023)$58,256
Commitment Year•2022Country of Activity•Sri LankaDirect Recipient Country of Incorporation•Sri LankaSector•Other Social Infrastructure And ServicesFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
May 27, 2022
Start (actual)
May 27, 2022
End (actual)
Apr 23, 2023

Geospatial footprint

Map overview

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Kendagasmankada (Kenda) Village is located in the Lunugamwehera division of Hambantota District, which is about 50 km away from the Hambantota Port.

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 Foundation (CMF)

Cofinancing agencies

Joint Venture/Special Purpose Vehicles

  • Colombo International Container Terminals Limited (CICT)

State-owned companies

  • Hambantota International Port Group (HIPG)

Receiving agencies

Government Agencies

  • Government of Sri Lanka

Loan description

China Merchants Charity Foundation contributes to LKR 60 million 'Love Village' Project in Sri Lanka

Narrative

Full Description

Project narrative

In 2019, China Merchants Port Group launched the "China Merchants Silk Road Charity Village" project. The goal of this project was to select eligible poor villages and help them develop. In 2021, after several field visits and evaluations, China Merchants Port Group selected Kenda Village, about 50 kilometers away from Hambantota Port, as the village to support. China Merchants Charity Foundation, Hambantota International Port Group Co., Ltd. (HIPG), and Colombo International Container Terminal Co., Ltd. provided over LKR 60 million in funding to build a community center, health center, agriculture center, playground facilities as well as provide financial assistance to the village temple. On May 27, 2022, a groundbreaking ceremony was held for the "Love Village" Project in Kendagasmankada, Sri Lanka. The project was completed on April 23, 2023. The project also cooperated with the Sri Lanka Agricultural University and related training institutions to provide agricultural technology training to local villagers, assist in the export of their agricultural products, realize the development of the industrial chain, and truly "teach people to fish". This is the second rural revitalization project carried out by China Merchants Group in Sri Lanka, the first being the "Love Village" project in Panila, Sri Lanka.

Staff comments

1. The project title in Chinese is “爱心村” or "招商港口“招商丝路爱心村”项目". The project title in Sinhala is "අපේක්ෂාවේ ගම්මානය" 2. The exact value of the donation is unknown, but was reported as over LKR 60 million. AidData assumes that each donor provided an equal contribution to the grant, for an estimated LKR 20 million each (LKR 60 million / 3 = LKR 20 million)