Overview

China Construction Bank donates 10 ventilators to Pirelli

Commitments (Constant USD, 2023)$292,847

Commitment Year•2020Country of Activity•ItalyDirect Recipient Country of Incorporation•ItalySector•HealthFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Mar 23, 2020

End (actual): Mar 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 Commercial Banks

China Construction Bank Corporation (CCB)

Receiving agencies

Joint Venture/Special Purpose Vehicles

Pirelli & C S.p.A.

Loan description

China Construction Bank donates 10 ventilators to Pirelli

Narrative

Full Description

Project narrative

On March 23 2020, China Construction Bank donated 10 ventilators to Italy's Pirelli Group. The donated ventilators were flown to Milan on the same plane with protective clothing and masks that had been purchased by Pirelli Group. The donation of ventilators and sale of personal protective equipment on the 23rd was in response to a letter from the Pirelli Group to China Construction Bank requesting assistance, received on March 17.

Staff comments

1. 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