CNPC and PETROSIVEN donate work clothing and equipment to Venezuelan processing plant in 2005

Funder	China National Petroleum Corporation (CNPC)
Recipient Organization	CaicoSeco Processing Plant
Country	Venezuela
Start Date	Jun 10, 2010
End Date	May 18, 2031
Duration	7,647 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`90234`

Grant Description

On June 10, 2010, the state-owned company, China National Petroleum Corporation (CNPC), and its local joint-venture, PETROSIVENSA, donated work clothes and equipment to a cassava processing plant in the village of CaicoSeco.

CNPC incorporated the indigenous village of CaicoSeco into its local community development program in 2005 by implementing the cassava plantation and processing plant through PETROSIVEN investment, furthering local employment, and aiding individuals in poverty. The donations made by CNPC and PETROSIVENSA benefited over 300 local residents within CaicoSeco.

📚 Sources & References

Cassava Plantation and Processing Plant in Venezuela Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.