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East Asia & the Pacific
East Asia & the Pacific
Only three in 10 people in developing countries in East Asia and the Pacific save money in banks, a World Bank study shows. But mobile phones are now changing the way low-income households and rural entrepreneurs keep, send, and receive money.
IFC lent the equivalent of $6 million to Singaporean logistics firm Portek to facilitate the privatization of Magerwa Dry Port in Rwanda.
IFC works with a number of commercial banks to provide greater access to financing for micro, small and medium enterprises.
IFC invested in Singapore-based Global Indian International Schools to increase access to quality primary and secondary education in emerging markets in Asia, including in lower-income countries.
Demand for electricity in Indonesia has surged during the last decade and the government aims to dramatically expand power generation and transmission capacity.
What's New
Video: Championing Women on Boards in Indonesia
Publication: Sustainability Reporting Handbook for Vietnamese Companies
Event: Energy Efficiency Workshop for Steel and Textile Industries
6 June, Ho Chi Minh City, Vietnam
IFC East Asia & the Pacific
IFC in East Asia and the Pacific focuses on supporting sustainable, private sector-led development to ensure the region’s economic growth reaches all segments of society. Around half of our investments in fiscal year 2012 were in the region’s poorest countries with IFC opening up access to finance for small and medium enterprises, connecting rural households to electricity for the first time, improving access to healthcare, and fighting climate change by improving energy efficiency.
| IFC & Bank South Pacific Rural Bring Banking Back to Papua New Guinea's Bougainville Region | |
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