Flood Disaster Relief in 2015

As soon as learning Myanmar flood disaster occurred in July 2015, CITIC dispatched a working group to Myanmar providing first aid services. CITIC delivered relief supplies valued at 300,000 USD to flood-affected areas for local communities. Meanwhile, CITIC deployed a helicopter to flood affected areas offering free air freight services, valued at 150,000 USD.

The CITIC Consortiums committed in the bid that the project company will spend $1,000,000 per year during the first 5 years of the construction and thereafter $500,000 per year, reaching a total of $40,000,000, to fulfill its corporate social responsibility and support public welfare undertakings, including without limitation the establishment of a technical training school and a community development fund, and the improvement of local infrastructure.