JKH Leads Rs. 400 Mn Corporate Contribution to ‘Rebuilding Sri Lanka’ Fund 📈
A consortium led by John Keells Holdings PLC (JKH) has contributed Rs. 400 million to the Government’s ‘Rebuilding Sri Lanka’ Fund. The fund was established to facilitate recovery and relief for communities devastated by Cyclone Ditwah. • Financial Breakdown of Contributions: South Asia Gateway Terminals (SAGT): Rs. 100 million Nations Trust Bank (NTB): Rs. 100 million Lanka Marine Services: Rs. 50 million Jaykay Marketing Services (Keells): Rs. 50 million Union Assurance: Rs. 50 million Ceylon Cold Stores (Elephant House): Rs. 50 million • Strategic Impact: The contribution supports national recovery following a disaster that caused an estimated US$ 4.1 billion in direct physical damage (approx. 4% of GDP). The logistics, banking, and retail sectors are leading this private-sector push to restore essential infrastructure and livelihoods. • Governance & Transparency: The cheques were handed over to the Secretary to the President, Dr. Nandika Sanath Kumanayake. The fund is managed by a joint public-private committee to ensure transparent resource allocation for high-priority reconstruction projects.