“The world has changed tremendously in recent years, paving the way for new partnerships in development and a new role for the private sector.”
UNDP Assistant Administrator Sigrid Kaag
“The world has changed tremendously in recent years, paving the way for new partnerships in development and a new role for the private sector,” said UNDP Assistant Administrator Sigrid Kaag.
UNDP Assistant Administrator Sigrid Kaag’s comments come from an United Nations Development Program release, ‘Private Sector Must Invest In Developing Countries.’
UNDP Assistant Administrator Sigrid Kaag continued, “Without private-sector investment in developing countries, there will be no meaningful growth. We need the private sector to share its expertise, give us access to knowledge, innovations, and tested business models, and share them with developing economies.”
The traditional emerging markets include Brazil, Russia, India, China and Turkey. According to the Wall Street Journal, frontier markets already of interest to Hedge Funds include countries like Bulgaria, Nigeria, Bahrain, Pakistan and Vietnam.
A recent Moringstar report titled ‘Frontier Markets Begin to Emerge,’ notes one of the strongest lures of frontier markets for investors is the potential for greater growth than more-developed economies. ‘Frontier-markets economies are growing faster than emerging-markets ones.’
The landscape for private sector investment in emerging and frontier markets has been prepared by the global NGO community. NuMelo Technology management brings decades of experience developing business operations within developing economic regions putting the Company well ahead of any competition.