Page 6 - CICT Magazine e-Version May 2021
P. 6

Corporate News

CICT donates US$ 100,000 to Govt.’s COVID-19 Fund

CICT CEO Mr Jack Huang (second from left) and Chief Financial Officer Mr Raymond Mu present the Company’s latest donation to the COVID-19 Healthcare and
Social Security Fund to President Gotabaya Rajapaksa of Democratic Socialist Republic of Sri Lanka.

	 	 Takes cumulative pandemic-related contributions         Mr Huang was accompanied by CICT Chief Financial
		 by parent company & staff in 2020 to over Rs 65          Officer Mr Raymond Mu at the presentation of the
		 million                                                  Company’s latest donation to President Rajapaksa.
	                                                           Besides its generous contributions to the efforts to combat
		 Another Rs 25 million donated in 2020 to other           COVID-19, CICT also supported the construction of a
		 social causes                                            two storey community centre that will provide multiple
The government’s efforts to combat the spread of            essential services to some 2000 people living in Pannila
the COVID-19 pandemic in Sri Lanka were further             near Horana with an initial commitment of Rs 18.4
strengthened this week with a donation of US$ 100,000       million earlier this year.
(Rs 18.6 million at current exchange rates) from Colombo    Additionally, as part of CICT’s continuing support to the
International Container Terminals (CICT), the company       Wheelchair Tennis Programme of the Sri Lanka Tennis
that manages the South Terminal of the Port of Colombo.     Association (SLTA), the Company donated US $35,000
                                                            (Rs 6.5 million) and three professional grade, titanium
The donation presented to President Gotabaya Rajapaksa      wheelchairs costing US$ 9000 (Rs 1.6 million) in August
on 7th December for the COVID-19 Healthcare and             and June this year. CMF and CICT had together donated
Social Security Fund was the third cash donation by CICT    Rs 30 million to the SLTA’s Wheelchair Tennis Programme
and its employees towards the battle against the pandemic   between 2015 and 2019, becoming the main sponsor for
in 2020 and the fourth donation towards the cause overall.  wheelchair tennis in the country. This support has enabled
In May this year the China Merchants Foundation (CMF),      Sri Lankan players to participate in many international
the CSR arm of CICT’s parent company China Merchants        tournaments, elevating the country to be ranked among
Group donated US$ 200,000 (about Rs 37.4 million) to        the top 40 countries that play wheelchair tennis.
the COVID-19 Healthcare and Social Security Fund, and       The CICT managed South Terminal of the Port of
in October, CICT employees contributed a further Rs         Colombo is the only deep water terminal in South Asia,
800,000. Additionally, the Company donated more than        which is equipped with facilities to handle the largest
1,000 protective suits and 25,000 face masks to Sri Lanka   vessels afloat. Since its inception in 2014, the terminal
in 2020.                                                    has incrementally grown the volume it has handled; from
                                                            686,639 teus in 2014, to 1.56 million teus in 2015, 2 million
“CICT is not just integral to Sri Lanka’s economy, it is a  teus in 2016, 2.38 million teus in 2017, 2.67 million teus in
major cog in the engine of growth and as such must help     2018, and 2.9 million teus in 2019.
shoulder the burden of the fight against COVID-19,”
CICT CEO Mr Jack Huang said. “We are happy to
share this responsibility through keeping our terminal
operations going in the midst of many challenges and by
contributing funds and equipment to support those at the
frontline of the battle. We believe that is what any good
corporate citizen should do.”

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