ADB sees greater synergy with IFC

The Asian Development Bank and the International Finance Corporation reaffirmed on Wednesday the strong and productive partnership between their institutions, and explored ways of stepping up cooperation as the ADB expands private sector operations under its longterm Strategy 2030. “As both organizations sharpen their focus on private sector operations, we expect ever greater cooperation and collaboration. This can range from country-level engagement and public-private partnership advisory work to our financing of private sector projects throughout the region,” said ADB President Takehiko Nakao.