Overseas Private Investment Corporation

OVERSEAS PRIVATE INVESTMENT CORPORATION

1100 New York Avenue NW., Washington, DC 20527

Phone, 202-336-8400. Fax, 202-408-9859. Internet, http://www.opic.gov/.

President and Chief Executive Officer George Munoz

Executive Vice President Kirk Robertson

Vice President, Investment Development Mark van de Water

Vice President and General Counsel Charles D. Toy

Vice President and Treasurer Mildred O. Callear

Vice President, Finance Ralph A. Matheus, Acting

Vice President, Insurance Julie A. Martin

Vice President, Investment Funds Jeffrey Griffin

Managing Director for Administration Michael C. Cushing

Chairman of the Board J. Brian Atwood

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The Overseas Private Investment Corporation is a self-sustaining Federal agency whose purpose is to promote economic growth in developing countries by encouraging U.S. private investment in those nations.

The Overseas Private Investment Corporation (OPIC) was established as an independent agency by the Foreign Affairs Reform and Restructuring Act of 1998 (112 Stat. 2681-790). OPIC assists American investors in four principal ways: financing of businesses through loans and loan guaranties; supporting private investment funds which provide equity for U.S. companies investing in projects overseas; insuring investments against a broad range of political risks; and engaging in outreach activities. All of these programs are designed to reduce the perceived stumbling blocks and risks associated with overseas investment.

Organized as a corporation and structured to be responsive to private business, OPIC is mandated to mobilize and facilitate the participation of U.S. private capital and skills in the economic and social development of developing countries and emerging economies. Currently, OPIC programs are available for new business enterprises or expansion in some 140 countries worldwide. The Corporation encourages American overseas private investment in sound business projects, thereby improving U.S. global competitiveness, creating American jobs, and increasing U.S. exports. The Corporation does not support projects that will result in the

loss of domestic jobs or have a negative impact on the host country's environment or workers' rights.

The Corporation is governed by a 15-member Board of Directors, of whom 8 are appointed from the private sector and 7 from the Federal Government.

Activities

By reducing or eliminating certain perceived...