New York State Environmental Facilities Corp. Hosts
Delegation from Shanghai China and the World Bank
Officials Seek Insights Into How New York State
Manages Infrastructure Investment Funds
Infrastructure finance officials from Shanghai, China and the World Bank today met with the New York State Environmental Facilities Corp. (EFC) to learn how EFC manages the nation’s largest and most-active investment fund for wastewater and drinking water systems.
“We are pleased to welcome Wang Zhiqiang, vice-president of the Shanghai Chengtou Corporation, along with representatives from Shanghai Qingcaosha Investment Construction & Development Co. Ltd. and the Shanghai Chengtou Environment Asset Management Co. Ltd.,” said EFC President and CEO Matthew Driscoll. “This information-sharing session is the result of EFC’s growing relationship with the World Bank, which has been assisting the Chinese government in identifying financing strategies for urban and environmental projects.”
To read more, click here.