Investment commitments reached $1.63 billion for 60 projects in FY08, and we mobilized an additional $230 million through syndications and structured and securitized products. By number of projects, 50 per cent of new investments are IDA projects, and 22 per cent are in frontier regions of middle-income countries. More than 48 per cent were with new clients, and 27 per cent focused on SMEs. A growing number of investments have a significant climate change component. Our committed portfolio in the region reached $4.67 billion, with the largest concentrations in the financial, infrastructure, and manufacturing sectors. IFC had more than 130 active advisory projects, with a total value of $150 million. Major partners in regional advisory work include Australia, Canada, Finland, Japan, and Netherlands, New Zealand, and the United Kingdom. IFC's Largest Country Exposure (June 30, 2008) Based on IFC's account, excluding individual country shares of regional and global ($ millions)
*Includes regional shares of selected investments that are officially classified as global projects. |