World Bank Announces Next Phase Of Its Private Sector Investment Lab

The chapter also expands the Lab’s membership to include industry leaders with experience generating jobs in developing economies.

Work by the Lab has now been consolidated into five priority focus areas that are being integrated across Bank Group operations. (Photo source: Freepik)

The World Bank Group announced the launch of the next phase of its Private Sector Investment Lab, with a focus on implementing proven solutions at scale.

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As the Lab enters its implementation phase, it is also expanding its membership to include private sector leaders in sectors critical to job creation—such as infrastructure and energy, agribusiness, healthcare, tourism, and manufacturing. These industries have a proven ability to translate investment into broad-based employment and economic opportunity.

While the lab is chaired by Shriti Vadera, chair of Prudential plc, new members of the Lab include Sunil Bharti Mittal, chair, Bharti Enterprises.

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WRITTEN BY
Pallavi Nahata
Pallavi is Associate Editor- Economy. She holds an M.Sc in Banking and Fina... more
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