Austria Intends to Participate in World Bank Projects

BusinessEconomy ♦ Published: March 15, 2011; 00:51 ♦ (Vindobona)

AWO has been leading companies to international financial institutions: the World Bank annually awards about $ 70bn in loans for development projects

Austria Intends to Participate in World Bank Projects / Picture: © Vindobona.org

As part of an exploratory trip of Foreign Trade Austria (AWO), the WKÖ was able to explore business opportunities for Austrian companies with the World Bank and the Inter-American Development Bank (IDB) in Washington, DC. "After all, the World Bank grants about $ 70bn a year in loans for development projects around the world, the IDB around $ 13bn for the Latin American region. We want…