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« NT gets $24bn Japanese LNG project | Main | Foreign cos have stakes only in 20 PPP projects »

September 26, 2008

U.N. says companies should support state infrastructure

GENEVA: The private sector should do more to support governments in developing countries, many of which cannot meet huge needs for roads, ports and electricity on their own, a United Nations agency said on Wednesday.

Impoverished nations are often ill-equipped to attract or maximise investments from multi-national or transnational corporations (TNCs), the U.N. Conference on Trade and Development (UNCTAD) said in a report.

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Posted by boyang at September 26, 2008 11:02 PM