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The recently launched Partnership for Global Infrastructure and Investment (PGII) promised to deliver game-changing projects to close the infrastructure gap in developing countries, strengthen the global economy and supply chains, and advance U.S. national security. Together with G7 partners, the U.S. will mobilize $600 billion by 2027 in global infrastructure investments. This will only be the beginning as G7 countries will seek to mobilize additional capital from multilateral banks to sovereign wealth funds.
Is PGII G7’s answer to China’s Belt and Road Initiative (BRI)? Join us for an insightful discussion with Gabriela Castillo Madrid, Orit Frenkel and Elizabeth Losos. We will cover some of the benefits and challenges of BRI, where private sector funds have effectively been channeled and where gaps remain, and how the new G7 initiative will play a role in infrastructure development in the region.
