Category: Export Credit

World Bank returns to the infrastructure business

(September 17, 2003) In recent months, under pressure from some of its big borrower countries, and with a realisation that private sector investment has been lacking in critical areas, the bank is returning to the infrastructure business. It says it has learnt from its mistakes. But environmentalist critics are less sure.

Egco mulls provisions

(August 19, 2003) Electricity Generating Plc (Egco) might have to set aside loss provisions to cover investment risks in the US$1.2-billion Nam Theun 2 project given current uncertainties following the withdrawal of Electricite{AAC} de France (EDF) from the Laotian hydropower project.