-for immediate release- Media Contact: Graziella DiNuzzo, [email protected], 609.680.7670
February 5, 2020, Philadelphia, PA The World Trade Center of Greater Philadelphia (WTCGP) will join the World Bank Group’s Private Sector Liaison Officer (PSLO) network. This voluntary network—which comprises over 150 business intermediary organizations in more than 95 countries—is designed to facilitate the World Bank Group’s engagement with the private sector. ”We are dedicated to increasing the participation of Greater Philadelphia companies in global projects supported by leading international development institutions and agencies. Our participation in the PSLO network will enable us to help our companies do business with such agencies. Through the network, we will be able to better support companies in identifying international business opportunities funded by development institutions. We are delighted to have been invited to join,” says Linda Conlin, President, WTCGP. PSLOs are based in and appointed by business intermediary organizations (chambers of commerce and industry, business and trade associations, investment promotion agencies) that are members of the Network. The PSLOs are not funded by, nor are they employees of the WBG. The role of the PSLO includes: facilitating local companies’ contact with the World Bank Group (WBG) and other international financial institutions; providing the WBG with insights on how to better engage companies on development issues; and disseminating WBG knowledge and research that may be of interest to the private sector. PSLOs organize a number of events throughout the world with the support of the WBG, including:
About the World Trade Center of Greater Philadelphia The World Trade Center of Greater Philadelphia (WTCGP) is one of over 320 World Trade Centers in 89 countries around the globe. A non-profit and membership - based organization, the WTCGP accelerates global business growth for companies in Southeastern Pennsylvania and Southern New Jersey by providing customized, one-on-one trade counseling, market research, educational programs, trade mission support, business networking events, and powerful connections to customers and partners worldwide. Since 2002, the WTCGP has served as a catalyst for regional economic growth and job creation, helping area companies generate over $2B in incremental export sales, supporting over 26,000 jobs. About the World Bank Group The World Bank Group is one of the world's largest sources of funding and knowledge for developing countries. It comprises five closely associated institutions: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), which together form the World Bank; the International Finance Corporation (IFC); the Multilateral Investment Guarantee Agency (MIGA); and the International Centre for Settlement of Investment Disputes (ICSID). Each institution plays a distinct role in the mission to fight poverty and improve living standards for people in the developing world. For more information, please visit www.worldbank.org, www.miga.org, and www.ifc.org.
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