Prudential Myanmar Initiates and Contributes MMK 131 Million to a Series of High-Impact COVID-19 Related Community Projects

Prudential Myanmar is rolling out a series of community projects in collaboration with three non-governmental organizations (NGOs) – ActionAid, The Rangoon General Hospital Reinvigoration Charitable Trust (RGHRCT), and WaterAid, as well as social enterprise Doh Eain (through its “I DO NATION” campaign) – to support tens of thousands of people in Myanmar amid the pandemic outbreak.

Prudential Myanmar is contributing USD 100,000 (approximately MMK 131 million) to support these community projects. The funding is part of the global Prudential COVID-19 Relief Fund, which provides financial support for Prudential’s communities and the volunteering efforts of its people in Asia, the US, and Africa. With a total budget of USD 2.5 million, the Prudential COVID-19 Relief Fund has been distributed among Prudential’s markets around the world to support charitable and community projects which tackle the immediate impact of the pandemic and its social and economic consequences. Photo Source https://www.facebook.com/PrudentialMyanmarLifeInsurance

In Myanmar, the funded community projects will provide urgent assistance in various approaches to help prevent the transmission of COVID-19. The projects will focus on improving hygiene infrastructure in public places, distributing face masks and disinfectants to households, providing financial assistance to street vendors, and improving hygiene and infection control measures at Yangon General Hospital.

Mr. Asit Rath, CEO of Prudential Myanmar, said, “We are greatly appreciative of the significant efforts by the Myanmar authorities, frontline workers and volunteers to reduce the impact of the COVID-19 outbreak across the country. In the spirit of “We DO Good”, Prudential Myanmar is committed to supporting and protecting our communities in times of need. We are pleased to collaborate with our NGO and social enterprise partners to roll out various community projects to fight against COVID-19, while also helping people get through this challenging period.” Photo Source https://www.facebook.com/PrudentialMyanmarLifeInsurance

Prudential Myanmar is supporting I DO NATION, a campaign led by Doh Eain and Multiverse Advertising to support the health and livelihood of vulnerable street vendors in Yangon during the COVID-19 pandemic. Over 70,000 street vendors with more than 300,000 dependent family members set up stalls every day on the streets of Yangon to make a living.

To date, I DO NATION has provided financial support to 1,200 street vendors across six Yangon townships and distributed PPE and hand sanitising facilities to over 5,000 vendors. Direct cash donations are made to street vendors, who are unable to operate due to COVID-19 restrictions, to make up for revenue lost. Hand sanitizing stations have been set up in public places where street vendors are in operations. Masks, gloves, hand sanitizer bottles, and educational materials on COVID-19 have also been distributed in these areas.

Regular updates on Prudential Myanmar’s initiatives and notices around COVID-19 will be posted on the corporate Facebook page at www.facebook.com/PrudentialMyanmarLifeInsurance.