New York, New YORK, Jan. 8 (Korea Bizwire) — Global Infrastructure Partners (GIP), a leading independent global infrastructure investor, today announced that Dr. Jim Yong Kim, who has been President of the World Bank since 2012, will join GIP as a Partner and Vice Chairman on February 1, 2019. Adebayo Ogunlesi, Chairman and Managing Partner [...]
SEOUL, July 15 (Korea Bizwire) — South Korea will constantly try to expand development assistance for countries in need, capitalizing on its own experience, Foreign Minister Yun Byung-se said Wednesday. “Korea is the prime example of a least-developed-country-turned-donor. As such, we know from experience what it takes to overcome poverty and promote sustainable development,” he said [...]
SEJONG, Apr. 16 (Korea Bizwire) — South Korea has pledged US$300 million to the World Bank for its program to build critical infrastructure in developing countries and deal with their environmental and energy issues, the government said Thursday. The finance ministry said the memorandum of understanding (MOU) reached in Washington on Wednesday calls for the [...]