BYD, Cimex contribute Rs 70 million to PM's Disaster Relief Fund

Summary

BYD and its Nepali distributor Cimex Inc Pvt Ltd have pledged Rs 70 million to the Prime Minister's Disaster Relief Fund for flood relief and rehabilitation in Rasuwa and other affected areas. The money will support rescue, medical treatment, immediate relief, infrastructure restoration and rebuilding efforts.

Key Points
  • BYD and Cimex Inc Pvt Ltd announced a combined contribution of Rs 70 million to the Prime Minister's Disaster Relief Fund.
  • The funds will be used for rescue, medical treatment, immediate relief, rehabilitation and restoration of damaged infrastructure.
  • The contribution will be routed through the government mechanism under the Office of the Prime Minister and Council of Ministers.
  • Recent floods have severely damaged Rasuwa, an important Nepal-China trade corridor and route for BYD vehicle imports into Nepal.
Article image