Developing education within the East Asia Pacific region is a key priority for IFC. One way we endeavor to achieve inclusive growth is to provide critical support to learning institutions in countries like Cambodia.
In Lao PDR, small hydropower has the potential to be big business. With support from IFC and the Australian government, Lao PDR approved the Regulation on Small Hydropower Development to streamline approvals for projects less than 15 megawatts.
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.