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Overseas Private Investment Corporation

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Overseas Private Investment Corporation

A federal agency (www.opic.gov) established in 1971 to assist American businesses desiring to invest overseas.It provides medium- to long-term funding for projects in developing countries and emerging markets, including housing, hotels, airports, and natural resource extraction. It also provides political risk insurance for currency inconvertibility, expropriation, and political violence. The corporation is self-funding through fees for services and uses no taxpayer money.



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The White House said the US Overseas Private Investment Corporation (OPIC) had issued a call for proposals for the fund, which will provide financing of between 25 and 150 million dollars for selected projects and funds.
On August 12, 2009, the US Overseas Private Investment Corporation (OPIC) signed a $40 million, 15-year term loan facility with Lebanon's Byblos Bank under a risk-sharing agreement with Citibank.
Aug 10, 2009 The National Small Business Association and Small Business Exporters Association, a council of NSBA, today announced that SBEA President James Morrison will be leaving the association to accept a position with the Overseas Private Investment Corporation (OPIC), a federal agency that promotes economic development in emerging markets through private investments.
 
 
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Overseas Properties Management and Information Exchange Network
Overseas Property Fund
Overseas Publishers Association
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Overseas Qualifications Assessment Committee
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overseas search and rescue region
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Overseas Security Policy Board
Overseas Security Policy Group
 
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