IFC chief intensifies infrastructure drive, courts SWFs

IFC chief intensifies infrastructure drive, courts SWFs

Project & Infrastructure Finance

The new head of the International Finance Corporation, the World Bank’s private sector arm, has pledged to redouble the institution’s focus on infrastructure financing – including by bringing sovereign wealth funds directly into transactions – to help combat what he sees as an acute shortage of bankable deals in Latin America and other emerging markets. Jin-Yong Cai, who took over as CEO in October, told LatinFinance in an interview that the multilateral was in advanced talks with sovereign we

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