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The World Bank - Guiding Private Investment Around Development Goals

5/3/2017

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An accomplished American businessman, Harvey Goldstein is the chairman of Harvest International Inc., headquartered in Indonesia. Over the course of more than 30 years, he has helped to facilitate major private foreign investments in the emerging Southeast Asian region, including the multibillion-dollar Exxon Natuna LNG project in Indonesia in the 1990s. Harvey Goldstein has also worked with global financial entities such as the World Bank, the largest development institution in the world. 

Founded in 1944 to assist countries ruined by World War II, the World Bank has grown in scope and now focuses on eradicating poverty and raising the prosperity of the world’s poorest people. World Bank President Jim Yong Kim, in a speech delivered in April 2017 at the London School of Economics, stated the need for a new approach to development finance. 

The entire finance development system should look for innovative ways to encourage private investment in development projects which can provide commercial returns while also benefiting all stakeholders. Reforms must be introduced to not only reduce the risk of individual projects, but also to reduce the risk to entire countries while making projects commercially viable. There will still be projects, though, that cannot work under commercial terms and that will require concessional financing.

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Harvest International and the Energy Industry 

4/20/2016

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​Harvey Goldstein has almost five decades of business development experience in Southeast Asia as a catalyst for economic growth, public figure, and liaison between local governments and foreign businesses. With regional experience in areas such as Indonesia and Singapore, he is a proficient strategic business consultant. As the founder of Harvest International, a leading business development firm in Indonesia, Harvey Goldstein has worked with numerous Fortune 500 companies, including in the energy sector.

In addition to offering consultation and major project development, Harvest International provides general strategic advice, negotiation assistance for project procurement, and intelligence to assist with investor procurement and conflict resolution. Major corporate clients of Harvest International in the energy sector have included Shell, Esso, Digicon, Attwood Ocean Pacific, BP Solar, and KLT Power.

Shell in particular has a rich history in Indonesia dating to the discovery of crude oil in Sumatra over 100 years ago, which led to the formation of Shell Transport and Royal Dutch Petroleum Co. Ltd., which later became known as Shell. Shell’s innovation focus today includes a technical center in Indonesia that targets product development and support. Shell spent over $1 billion on research and development in 2011 in order to develop new technologies for clean and efficient energy. 

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    Harvey Goldstein is an American executive who has almost five decades of experience doing business and creating jobs in Southeast Asia.

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