World Bank Launches Public-Private Infrastructure Initiative

Reuters: World Bank launches public-private infrastructure plan
“The World Bank on Thursday launched a new initiative that would bring together governments, development institutions, and private investors to form public-private partnerships for infrastructure. The initiative, known as the Global Infrastructure Facility, would structure projects to attract long-term investors such as pension funds and insurance companies in order to meet the developing world’s $1 trillion in infrastructure needs over the next six years…” (10/9).