Mix ‘n Match

The International Finance Corporation, the World Bank Group’s private sector arm signed agreements with John Keells Holdings to speed the delivery of relief supplies to tsunami victims in Sri Lanka, restore education and health facilities, and provide clean water to relief camps. The International Finance Corporation, the World Bank Group’s private sector arm signed agreements with John Keells Holdings to speed the delivery of relief supplies to tsunami victims in Sri Lanka, restore education and health facilities, and provide clean water to relief camps. The agreements, which total US$ 172,000 (Rs. 17.1 mn), are part of a US$ 2.5 mn matching grant program launched by IFC to match the costs incurred in post-tsunami relief work by selected partner companies in Indonesia, the Maldives, Sri Lanka, and Thailand, IFC said.

John Keells Holdings (JKH) is one of Sri Lanka’s leading private companies, with substantial expertise in logistics and freight forwarding, which it has deployed to support the post-tsunami relief effort.

IFC is matching US$ 111,000 of JKH’s costs in handling relief supplies at Bandaranaike International Airport, Colombo, and the Colombo port. This includes the receipt, management, storage, and delivery of relief cargo passing through the airport.

IF