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East Asia & the Pacific

East Asia & the Pacific 

As Myanmar works to build a hydropower sector, IFC experts say involving the private sector from the get-go and drawing from the experience of resource-rich neighboring countries such as Lao PDR will be the right move for the country.
Phonexay Lek is closely connected to the Nam Ou River, one of the Mekong’s most important tributaries. His work entails guiding the province on water resources sector.
In the Mekong region, hydropower development is complex. As discussions about its sustainable development heat up, it is essential to involve the private sector
“It is crucial that we understand every project proposal and developer is different,” says Sosouphanh. “When we approach a negotiation, we need to be prepared with solid background information on the developers."
Cruise tourism injected $34 million Australian dollars into the Pacific island nation of Vanuatu and brought an estimated further $18 million dollars in indirect economic benefits last year, according to a new IFC study.

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.


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Doing Business 2015 - Going Beyond Efficiency 

 

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