Monday, March 11, 2013
Sagicor Investments, Digicel and Chain of Hope sign MOU to build Bustamante Hospital for Children’s Cardiac Unit
A Memorandum Of Understanding (MOU) was signed on Thursday, March 7, 2013 between Sagicor Investments, Digicel Jamaica Limited and Chain of Hope UK at Sagicor Life’s R. Danny Williams Building in New Kingston. The MOU outlined the three way partnership between the entities regarding the over $140million combined contribution. The funds are earmarked for the construction of a state of the art cardiac unit at the Bustamante Hospital for Children.
Donovan Perkins, President & CEO of Sagicor Investments believes the move is beneficial to the success of the project. “The construction of this unit will enable many more children to gain access to critical cardiac care while the agreement will ensure a smooth execution of the project. Our collective support should result in the timely completion of the project. This is truly a historic moment,” said Perkins.
Sagicor Investments’ $33million donation was raised through the company’s 2012 staging of the Sigma Corporate Run with Chain of Hope being the direct beneficiary. This year, the over $16million raised through the 5k road race for charity was shared across three beneficiaries: Jamaica National Children’s Home, Best Care Lodge and Bustamante Hospital for Children.
Speaking to Digicel’s role as a good corporate citizen, Andy Thorburn, CEO of Digicel Jamaica Limited stated "The fact is that giving back is a part of our DNA. That is why we actively reach out to over 100,000 children each year through various education, technology and special needs development initiatives and projects, and that is why we are pleased to be contributing $100million to the construction of a Cardiac Wing at Bustamante Hospital for Children."
Also in attendance was Emma Scanlan, CEO, Chain of Hope Jamaica.
A mid October target was announced at a ground breaking ceremony held on Wednesday, February 27 at the hospital. Along with Digicel’s and Sagicor Investments’ donations, Chain of Hope has contributed $7million to the project.
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