The Polish Development Fund (Polish: Polski Fundusz Rozwoju, PFR) and its several subsidiaries form a state-owned financial group, headquartered in Warsaw, which offers instruments supporting the development of companies, local governments and individuals, and invests in sustainable social development and national economic growth. Established in 2016, the Group aims to implement programs enhancing long-term investment and economic potential, and supporting equal opportunities as well as environmental protection.

The PFR parent company directs the strategic vision for the corporate group which includes four distinct subsidiaries:

  • PFR Ventures – the largest fund of funds (FoF) in the CEE region offering repayable financing to innovative SMEs through selected financial intermediaries such as venture capital funds or business angels;
  • PFR Portal PPK – a company dedicated to supervising the Employee Capital Plans (PPK), which is a common and voluntary long-term saving system for employees in Poland, developed and co-financed by employers and the state;
  • PFR TFI – a company focused on incepting and managing closed-end investment funds oriented towards alternative assets (e.g. real estate, infrastructure projects, PE or VC) as well as managing a part of the assets raised in the PPK program;
  • PFR Nieruchomosci – the real estate arm of the Group which aims to improve the potential of the national housing market by implementing investments of significant importance to local communities.

Following the example of best international practices and acting within one comprehensive strategy, the Polish Development Fund also integrates the offer of other leading Polish development institutions comprising: the Polish Development Bank (BGK), the Industrial Development Agency (ARP), the Export Credit Insurance Corporation (KUKE), the Polish Agency for Investments and the Commerce (PAIH) and the Polish Agency for Enterprise Development (PARP).

At a glance


Inspired by a daring vision to blaze a path to success for the industrial sector in Saudi Arabia, the Saudi Industrial Development Fund (SIDF) was founded to play a leading role in effectuating development policies and programs. This vision recognizes SIDF as the primary financial enabler for the industrial transformation in Saudi Arabia.

Our Responsibility to Development
The Industrial Fund was set up to operate a vital role in promoting industrial investment opportunities, strengthening the local industry, and enhancing its performance. All these measures are realized by contributing to the formation of industrial sectors, boosting competitiveness, and sustaining strategic initiatives.

SIDF In Line with Vision 2030
SIDF exerts all efforts to maintain its pioneering role in the development of the local industrial sector and keeps up with the latest developments. It attains this goal by pushing for integration with government entities and expands the reach of its support to cover a number of promising sectors in the areas of industry, energy, mining, and logistics.

A Historical Context (Our Journey)
SIDF was established in 1394 AH as a government financial institution to realize the objectives, policies, and programs of industrial development in Saudi Arabia. Such objectives are aimed at supporting the private sector in various industrial fields, financing and developing the industrial sector in coordination with government entities. SIDF paves the way for the private sector to engage in constituting and sustaining a national industrial base effectively and adequately.

A Huge Step Forward
SIDF attempts to analyze the local industry and conduct several sectoral, industrial, and marketing studies to manage and support several financing programs, including:
Manage the government financing program to finance Electricity companies operating in Saudi Arabia.

  • Manage the cooling warehouse financing program and the dates industry financing program.
  • Contribute to examining and analyzing the government support program for hospitals.
  • Establish the "Kafalah" program for financing small and medium-sized enterprises (SMEs)

​​​A New Chapter
1439 AH announced a new chapter in SIDF's journey, as the Council of Ministers approved the amendment of SIDF's bylaws. This transformation broadens its reach to support a number of promising new sectors in the fields of industry, mining, energy, and logistics.​​

A Future with Boundless Possibilities
SIDF has introduced a new package of financial products and services through the National Industrial Development and Logistics Program (NDLP) as a breakthrough in its quest towards reaching Vision 2030’s objectives. NDLP contributes by adding SR 1.2 billion to GDP, generating jobs, improving the balance of payments, and strengthening the local content.
Our Vision
Financially enabling Saudi Arabia’s industrial evolution

Our Mission
To develop and diversify the Saudi economy by shaping the industrial landscape, and encouraging and supporting priority sectors and competitive enterprises

​​Our Role
Act as a financial partner in developing the industry, stimulating jobs, prosperity and growth for Saudi Arabia

Our Strategic Aspirations
SIDF provides financial support and advisory. Innovation is vital to the advancement and development of the local industry, therefore SIDF offers innovative solutions to raise and improve its level of performance. The measures taken to achieve these strategic objectives include:
Achieve sustainable investment returns in the industrial sector

  • Develop added value ​​for the local economy
  • Domestic product support
  • Promote non-oil exports
  • Achieve integration between the industrial sector and other sectors
  • Increase the participation of Saudi talent in the industrial sector
  • Optimization of local raw materials
  • Attract foreign capital and localize advanced technology
  • Adopt a culture of safety and risk prevention in industrial facilities
  • Encourage environmental awareness in the industrial sector

​​​Our Values:
Reliability – Development - Team Work - Enablement - Client’s Success​

Bancomext is Mexico’s Development Bank, acting as the Export Credit Agency of the Mexican government and responsible for financing foreign trade.

Bancomext was founded in June 1937. Over the time, Bancomext has adapted its strategy to current global conditions, redefining some strategic lines without neglecting its core business. The current mission of Bancomext is to support trade by contributing to the development and job creation in Mexico, as well as by financing long-term investments and the country’s foreign trade.

Bancomext plays a strategic role for the Mexican government in achieving its economic objectives, specifically in financing foreign trade activities and sector development. The bank’s main goal is to finance the export-import activities of public and private Mexican companies. Small and medium-sized enterprises are supported through the commercial banks network with specific products. Bancomext provides direct and indirect financing, guarantee schemes to the export community and to financial intermediaries. Bancomext is particularly focused on developing the first stage of large investment projects with the participation of other financial agents.

Bancomext operates by conceding loans and guarantees, directly or through commercial banks or non-banking financial intermediaries, with the goal of assisting Mexican firms in increasing their productivity and competitiveness.

At a glance

  • Director General: Francisco N. González Díaz
  • Sherpa: Yolanda Patricia Taracena Sanz
  • Location: Mexico City
  • Website:

Banco de Inversión y Comercio Exterior S.A. (BICE) is the Argentinian Development Bank of Investment and Foreign Trade. BICE was created in 1991 and the Argentinian State is its sole shareholder. The ownership rights are executed by the Ministry of Production.

The mission of BICE is to carry out active and passive operations and to render services of a second floor commercial bank, as well as complementary services and activities. BICE was set up as a second-floor bank, but in 2003 it was allowed to provide direct financial assistance to companies which focus on the productive investment, infrastructure and foreign trade.

In second-floor facilities BICE sets the financial conditions and the characteristics of the different lines (objectives, terms, possible repayment schemes, etc.) and agrees with financial institutions and leasing companies on the channelling mechanisms and signature of contracts/agreements.

BICE is authorized to finance goods and services companies and the public sector. It offers credit lines for investment and foreign trade and it finances those infrastructure works that allow an improvement to the Argentine companies’ productivity.

Since 2015, on request of the government, it has focused on supporting small and medium-sized enterprises (SMEs), i.a. through improvements in pricing and available maturities and by providing adequate reach out to underserved segments of the SME and mid-cap segment in order to build a sustainable financial system for SMEs and mid-caps.

At a glance

  • President: Mr Francisco Cabrera
  • Sherpa: Mr Ricardo Bebczuk
  • Location: Buenos Aires
  • Website:

The Brazilian Development Bank, known as Banco Nacional de Desenvolvimento Econômico e Social (BNDES) is a federal public company associated with the Ministério da Economia (ME), a cabinet-level federal ministry in Brazil.

BNDES is one of the largest development banks in the world and its goal is to provide long-term financing for endeavours that contribute to the country's development.


At a glance

Founded in Paris in 2014, the Long-Term Infrastructure Investors Association (LTIIA) is an international not-for-profit association. The LTIIA develops and promotes a business conduct code in the infrastructure industry, protecting the long-term interest of the infrastructure industry in its fields of intervention, as well as promoting research and analysis of infrastructure investment throughout the political world, research institutions, universities, and professional associations.


At a glance

VEB.RF is the Russian State Development Corporation, formerly State Corporation “Bank for Development and Foreign Economic Affairs (Vnesheconombank)” or VEB. It is the key development institution in Russia. Its main task is to ensure long-term socio-economic development of the Russian Federation and to support sustainable economic growth.

VEB.RF’s activities are regulated by a special Federal Law “On State Development Corporation VEB.RF”. The highest governing body of VEB.RF is the Supervisory Board chaired by the Prime Minister of Russia.

The Corporation’s current activities are aimed at removing infrastructural constraints, developing infrastructure and innovation, promoting and supporting the export of Russian industrial products (goods, work, services), improving the quality of life, creating comfortable living conditions and ensuring development institutions’ participation in national projects (programmes), government programmes and federal targeted programmes.

VEB.RF also coordinates activities of other specific national development institutions and organizes the interaction between them:

  • DOM.RF (housing and urban development corporation);
  • Russian Export Center (supports the development of non-commodity export);
  • VEB Ventures (venture funding);
  • SME Corporation (tasked with assisting and nurturing Russian small and medium enterprises);
  • Far East and Arctic Region Development Fund (assistance to the region’s economic development);
  • Monotowns Development Fund (development of municipalities engaged in a single area of activity).

VEB.RF is also a government agent for Russia’s foreign debt, both of the Russian Government and of the former Soviet Union, and the management of state pension funds through State Trust Management Company (“STMC”), a separate division of VEB.RF.

The long-term credit ratings assigned to it by the world leading rating agencies (Standard & Poor’s, Fitch Ratings, Moody’s) are at par with the sovereign rating of the Russian Federation.

At a glance:

  • Chairman : Igor Shuvalov
    Sherpa : Lidia Guryeva
  • Location : Moscow
  • Website :

TSKB provides support for the sustainable development of our country, having offered corporate loans, project financing, investment banking and consultancy services since the 1950s.

From the day it was established, TSKB has been bringing together global funds with the investments of the Turkish business world, within the scope of the long running business partnerships it has developed with supranational finance corporations. TSKB, which offers private consultancy solutions for the financial, technical and environmental sustainability of investments together with the long-term loans it provides, also creates value for the development and growth of the Turkish economy with its quality investment banking services. TSKB integrates the economic, social and environmental dimensions of its globally accepted sustainability practices in all of its banking processes, and provides support for the transition of the business world to a low carbon and more efficient production level.

TSKB, which has been deemed worthy of the Financial Times and IFC ‘Sustainable Banking of the Year’ award three times in a row, has been awarded at the Corporate Management Summit thanks to the just, transparent and accountable corporate management it has shown since 2011. TSKB, which is the first Turkish bank to obtain an ISO 14001 Environmental Management System certificate, published the first GRIA+ approved sustainability report in the finance sector in 2013. TSKB also maintains its characteristic of being the first “carbon neutral bank” in Turkey, by offsetting its carbon footprint, since 2008. TSKB joined the ranks of corporations sensitive to the environment and sustainable development issues by becoming a member of the United Nations Environment Programme Finance Initiative (UNEP FI). TSKB has become member to United Nations Global Compact in June 2010 and Long Term Investor’s Club in October 2010. TSKB, which has its head office in Istanbul, also has branches in Ankara and Izmir.

At a glance

  • CEO : Suat İnce
  • Sherpa : Refik Akinci
  • Location : Istanbul
  • Website :

Suat İnce

OMERS, established in 1962 as the pension plan for employees of local governments in Ontario is one of Canada’s leading pension funds.

As one of the largest institutional investors in Canada, OMERS manage a diversified global portfolio of more than 2,800 stocks and bonds as well as real estate, infrastructure and private equity investments.

Through highly skilled investment professionals, OMERS’s innovative asset mix consistently yields superior returns, which fund about 70% of the plan over the long-term. The remaining 30% comes from employee and employer contributions.

As a plan that is managed by and for its members and employers, OMERS has become synonymous with partnership - with its members, retirees, employers, employees and the many companies it invest in.

OMERS was established to serve local government employees across Ontario. Today, it represents 928 employers, 400,000 members, retirees and survivors, including : municipal workers, children’s aid society workers, firefighters, emergency services staff police, school Board staff (non-teaching), hydro workers.

Today, OMERS is a multi-employer plan that serves and supports its members, employer groups and retirees throughout the province.

Continuous high levels of investment performance, sound governance and our commitment to maintaining strong partnerships, have been key in making OMERS what it is today.

OMERS’s commitment is two-fold : to ensure that current pensions are paid in full and on time, and to prepare for the future when today’s new employees retire. At OMERS, the plan for the future is growing : Growing assets under management, growing membership and a strong vision for a secure, sustainable and prosperous future.

At a glance

  • CEO : Michael Latimer
  • Sherpa : Blair Cowper-Smith
  • Location : Toronto
  • Website :

Who are we ?

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Caisse des Dépots et Consignations The China Development Bank
Caisse de dépôt et placement du Québec Cassa depositi e prestiti
Caisse de Dépôt et de Gestion Development Bank of Japan (DBJ)
European Investment Bank Instituto de Crédito Oficial (ICO)
Japan Bank for International Cooperation Kreditanstalt fur Wiederaufbau
LTIIA Ontario Municipal Employees Retirement System
Turkiye Sınai Kalkınma Bankası newVEBlogo
Polish Development Fund - Polski Fundusz Rozwoju Global Infrastructure Basel Foundation
Saudi Industrial Development Fund  

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