World Bank Group Partners with Korean Private Businesses to Invest in Emerging Markets
Seoul, October 16, 2012—In partnership with KoFC (Korea Finance Corporation), IFC and MIGA today hosted the Korea–World Bank Group Private Sector Seminar in Seoul to discuss opportunities to strengthen their partnership when making sustainable and profitable private sector investments in emerging markets. The forum discussed ways of bringing innovative private sector solutions, including financing, guarantees, and knowledge transfer, to more developing countries around the world. It marks a milestone in the partnership between the World Bank Group and South Korea.
“I’m proud to say that the World Bank Group has played a small but not inconsequential role in South Korea’s success,” World Bank Group President Jim Yong Kim told around 300 private sector executives, government offic...