10 May Zoellick, World Bank Pres, Highlights SEAF Bangladesh in PE Conference’s Welcome Address
In his welcome address at the IFC’s 13th Annual Global Private Equity Conference: The New Investment Climate in Emerging Markets, World Bank President Robert B. Zoellick highlighted SEAF’s global operations and SEAF Bangladesh Ventures (SEAF BV), a partner initiative between SEAF and the IFC. Zoellick specifically touched on SEAF BV’s first two investments in the country, a software development company and a renewable energy company, noting that these partnerships will “provide jobs, catalyze entrepreneurship, and improve the quality of life on the ground. When they move into the formal sector, they pay taxes, hire more people, and are able to grow even more.”
To read Zoellick’s complete address, download the article above or click here.