The Executive Vice President and Chief Executive Officer of the International Finance Corporation (IFC) Las Henrick Thunell called on President Mahinda Rajapaksa yesterday at the Temple Trees.
During the meeting, the IFC official has assured the President that his institution will provide the investment opportunities and advisory services necessary to get the full support and the contribution of the private sector over the future well-being of the country.
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries.
Sri Lanka is a focus country for IFC’s program in South Asia. IFC’s committed portfolio of $200 million in the country covers projects across a range of sectors—including infrastructure, tourism, renewable energy, banking, and health care. IFC also provides advisory support to small and medium enterprises, promoting sustainable growth among small and medium enterprises by facilitating access to finance and offering capacity-building and training opportunities.
Thunell, as the Executive Vice President and CEO leads IFC's overall strategic directions.
A high-level delegation led by the visiting official has also had discussions with the Economic Development Minister Basil Rajapaksa recently at the parliament premises.