I think this hub can matter because an enormous number of huge infrastructure projects need to be built, particularly in the developing world. Those projects could have a transformational effect on those countries’ economies as well as helping
us with our trade, but they often need pump-priming and guarantees in order to get going because they will not be financed solely by public sector banks or institutions. The hub will bring together the World Bank, the International Monetary Fund and regional investment banks such as the European Bank for Reconstruction and Development to try to get those projects going. British companies and British business will benefit from that, which is why I think this is an important part of global growth.