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: © World Bank

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…