Monday November 30, 2020 00:01

Stcoks Press Release : 19 Oct 2020

mai welcomes cleaning & sanitizing business operator “PRAPAT” on Oct 20 Stcoks—19 Oct 20

The Market for Alternative Investment (mai) will list Peerapat Technology pcl, a manufacturer and distributor of industrial cleaning and sanitizing products under Peerapat brand, on October 20, under the ticker symbol "PRAPAT". The company has a market

BGK agrees with IMF report: "Infrastructure investment is a key priority for the CESEE region to accelerate convergence toward the EU15" Stcoks—19 Oct 20

WARSAW Poland--19 Oct--PRNewswire/InfoQuest

Infrastructure investment is a key priority for Countries in Central, Eastern, and Southern Europe (CESEE) to accelerate the convergence of the living standards toward the level of the more advance European countries, the EU15 – says the IMF report published on 28th Sep 2020. IMF highlights the Three Seas Initiative Investment Fund (3SIIF) as an initiative with the "aim to address infrastructure needs in CESEE."

The report estimates that closing 50% of the infrastructure gap until 2030 would require an annual investment of 3-8% of GDP. Attracting private investors should be an important step towards achieving this ambitious challenge.

To engage investors, the state development bank of Poland, Bank Gospodarstwa Krajowego (BGK), took the initiative to establish the Three Seas Initiative Investment Fund (3SIIF). In the report, the IMF mentions the Three Seas Fund as one of "the several initiatives aim to address infrastructure needs in CESEE".

"The Three Seas Fund is the economic dimension of the Three Seas Initiative. The Fund is the most important financial undertaking in Central and Eastern Europe. We set a clear goal for the Fund - financial support for infrastructure investments in the region. Such support is especially important these days as economies struggle with the effects of the COVID pandemic. The