IFC seeks more Australian partnerships in emerging markets
INTERNATIONAL Finance Corporation, the private-sector arm of the Washington-based World Bank, has invested $US805 million ($770m) in Australian projects around the world… These projects are in 24 countries and in sectors ranging from financial services to infrastructure. IFC is an investor in three Macquarie Group-sponsored infrastructure funds in India, Russia and Africa, committing a total of $US350m in these projects. “We are really happy to be partnering with Australian companies,” IFC vice-president, Asia Pacific, Karin Finkelston said in Sydney yesterday. “We have invested with ANZ in Laos, but have since exited our investment. We still have investment in ANZ in Cambodia.”..
