The Overseas Private Investment Corporation (OPIC) is the U.S. government’s development finance institution. It mobilizes private capital to help solve critical development challenges and, in doing so, advances U.S. foreign policy. Because OPIC works with the private sector, it helps U.S. businesses gain footholds in emerging markets, catalyzing revenues, jobs and growth opportunities both at home and abroad. OPIC achieves its mission by providing investors with financing, guarantees, political risk insurance, and support for private equity investment funds.
OPIC supports U.S. foreign policy objectives by encouraging development in regions that have experienced instability or conflict, yet offer promising growth opportunities, such as the Middle East and North Africa, sub‐Saharan Africa, and Southeast Asia. OPIC’s work contributes to stability and economic opportunity, which helps mitigate risk to U.S. companies investing abroad, and promotes a positive developmental effect for the host countries.
OPIC operates on a self‐sustaining basis at no net cost to American taxpayers. It generated net income of $269 million in Fiscal Year 2011, helping to reduce the federal budget deficit for the 34th consecutive year. To date, OPIC has supported nearly $200 billion of investment in more than 4,000 projects, generated $75 billion in U.S. exports and supported more than 276,000 American jobs.
Read more about Overseas Private Investment Corporation: Investment Projects, History
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