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World leaders pledge more cooperation to improve global infrastructure investment

World leaders attending the Global Infrastructure Forum 2016 in Washington D.C. have pledged to cooperate more to leverage more private resources in promoting global infrastructure investment and implementation.

The Global Infrastructure Forum 2016 opened on Saturday in the United States.

UN chief Ban Ki-moon said at the forum that in 2015, multilateral development banks, or MDBs, the World Bank and the United Nations have made “unprecedented collaborations” in promoting global infrastructure investment and implementation.

Ban called on all parties to continue and strenthen the cooperation in the future.

Echoing Ban’s words, World Bank President Jim Yong Kim said there is still a huge global infrastructure gap that requires strengthened cooperation and the mobilization of more private resources.

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