06/28/2022 | Press release | Distributed by Public on 06/28/2022 23:33
"I am excited to voice my support for the new Partnership and Global Infrastructure (PGII) plan set forth by President Biden and G7 Leaders. This is a $600 billion plan where, over the next five years, the United States has committed $200 billion to help meet the needs of low- and middle-income countries and support economic and national security interests of the U.S. and its partners.
"As other nations have continued to amplify and invest in their own infrastructure development plans in developing countries, it is more important now than ever to execute the PGII through the four priority pillars that will transform global infrastructure in the coming decades, which include: climate change and investing in clean energy; building a secure and open internet and information systems; advancing gender equity and equality; and upgrading health infrastructure.
"The Administration has made its pledge clear to bolster infrastructure in Africa and across the world, and I am happy to support this transformative initiative."
To read the Administration's full plan, click here. Initial projects that have already been announced that will positively impact the African continent include the following: