Beijing, July 17, 2015
AIIB Multilateral Interim Secretariat and WBG Agree to Continue and Deepen Cooperation
Secretary General Jin Liqun met with World Bank President Jim Kim in Beijing on 16 July, where they agreed to continue and deepen their cooperation.
The Multilateral Interim Secretariat of the AIIB and the World Bank have been working together effectively since the formation of the Secretariat last November, exchanging views on matters such as institutional governance, organizational structure, social and environmental safeguards and procurement procedures.
"The World Bank has been very generous in sharing its expertise, lessons of experience and global good practice knowledge with the Secretariat", said Mr. Jin. "We plan to identify projects for possible co-financing in the fall. Based on my time at the World Bank as an Alternate Executive Director, I am fully confident that such close cooperation between the Banks will lead to improved lives for citizens of our Member countries".
President Kim said "I congratulate Secretary General Jin Liqun and all prospective founding members on the great progress made in establishing the AIIB. More funding for infrastructure will help the poor, and we are pleased to be working with China and others to help the AIIB hit the ground running".
Beijing, China, March 26, 2020
AIIB’s USD60-M Solar Investment in Oman Supports Diversified Energy Mix
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a USD60-million loan to increase Oman’s renewable power generation capacity and reduce the country’s dependence on gas and other fossil fuels for electricity generation. This is AIIB’s first nonsovereign-backed financing in the country’s renewable energy sector.READ MORE
Beijing, China, March 25, 2020
AIIB To Scale Up Public Health Infrastructure in Wake of COVID-19
Recognizing that countries with fragile infrastructure have less capacity to handle health crises, the Asian Infrastructure Investment Bank (AIIB) is working to scale up infrastructure investment—including in public health, healthcare and information and communications technology (ICT)—to better serve members impacted by COVID-19.READ MORE
Beijing, China, March 03, 2020
USD200M AIIB Loan to Help Increase Electricity Access in Bangladesh
The Asian Infrastructure Investment Bank (AIIB) has approved a USD200-million loan to Bangladesh to increase access to electricity and improve service efficiency in the capital of Dhaka and the country’s western zone.READ MORE