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PIDG announces $100m commitment
The Private Infrastructure Development Group (PIDG) on 17 December announced a four-year commitment worth $100m from the Netherlands’ Ministry of Foreign Affairs. PIDG is a donor organisation supporting private investment into infrastructure in developing countries. It has supported 170 infrastructure projects and claims to have mobilised $22.9bn from the private sector. The grant covers the period from 2018 to 2022, taking commitments from PIDG’s owners to $750m in 2018 alone, and will be available to all six PIDG companies.
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