Washington, D.C., May 31, 2011—
Media are invited to a ceremony and reception for the signing of a Master Cooperation Agreement between IFC, a member of the World Bank Group, and OPIC, the U.S. government’s development finance institution.
Date: Tuesday, May 31, 2011
Time: 4:00 pm
Venue:
IFC Headquarters,
2121 Pennsylvania Avenue, N.W., Washington, D.C.
Media representatives will be escorted from the IFC lobby
Participants:
Lars Thunell, Executive Vice President and CEO, IFC
Elizabeth Littlefield, President and CEO, OPIC
Lael Brainard, Under-Secretary of the Treasury for International Affairs, U.S.
Ian Solomon, Executive Director for the U.S., World Bank
Jyrki Koskelo, Vice President for Global Industries, IFC
To RSVP or arrange interviews, please contact:
Alexandra Klopfer Timothy Harwood
Phone: (202) 473-4645 Phone: (202) 336-8744
E-mail: aklopfer@ifc.org E-mail: tharw@opic.gov
About IFC
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in developing countries. We create opportunity for people to escape poverty and improve their lives. We do so by providing financing to help businesses employ more people and supply essential services, by mobilizing capital from others, and by delivering advisory services to ensure sustainable development. In a time of global economic uncertainty, our new investments climbed to a record $18 billion in fiscal 2010. For more information, visit
www.ifc.org
.
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About OPIC
OPIC is the U.S. government’s development finance institution. We mobilize private capital to help solve critical world challenges and in doing so, advance U.S. foreign policy. Because OPIC works with the U.S. private sector, we help U.S. businesses gain footholds in emerging markets catalyzing revenues, jobs and growth opportunities both at home and abroad. OPIC achieves its mission by providing investors with financing, guarantees, political risk insurance, and support for private equity investment funds.
Established as an agency of the U.S. Government in 1971, OPIC operates on a self-sustaining basis at no net cost to American taxpayers. Our services are available for new and expanding business enterprises in more than 150 countries worldwide. In addition, OPIC has accomplished its developmental mission by supporting $200 billion worth of investment in nearly 4,000 projects in developing countries and emerging markets. For more information about OPIC, visit
www.opic.gov
.
