East Asia and the Pacific continues to be the world's fastest growing region, with a GDP increase of around 6.8 percent in calendar year 2005 and strong economic growth in Cambodia, Indonesia, Vietnam and China. Consequently IFC's commitments in the region grew to $982 million in FY06, compared with $740 million in FY05, and included increased financing for agribusiness, information technology and manufacturing projects. IFC's focus included strengthening financial institutions, supporting the transformation of domestic companies into regional and global players, improving access to finance for underserved markets and investing in infrastructure with a focus on the needs of small and medium enterprises. IFC continued to ramp up its technical assistance work by opening two new facilities this year, one in a rural and underdeveloped part of the Philippines and another in an area of Indonesia recovering from the 2004 tsunami. STATISTICAL DATA IFC's Largest Country Exposure
Project Financing and Portfolio
*includes loan and equity-type, quasi-equity investments
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