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Global infrastructure facility launched

World Bank initiative to tap global expertise for 'bankable' infrastructure projects in developing world

MR KIM Developing countries need US$1 trillion a year in extra investment through 2020.


THE World Bank Group has launched the Global Infrastructure Facility (GIF) - a multi-institution "platform" of public and private sector institutions with the aim of "unlocking billions of dollars for infrastructure in the developing world".

Embracing some of the world's...