Singapore, May 22, 2015
The 5th Chief Negotiators' Meeting took place in Singapore on May 20-22, 2015
The 5th Chief Negotiators' Meeting on Establishing the Asian Infrastructure Investment Bank (AIIB) was held on May 20-22, 2015 in Singapore. The Meeting was chaired by Mr. SHI Yaobin, Vice Minister of the Chinese Ministry of Finance and Permanent Chair of the Chief Negotiators' Meeting, and Mr. YEE Ping Yi, Deputy Secretary of the Singaporean Ministry of Finance. Representatives from 57 Prospective Founding Members of the AIIB and Mr Jin Liqun, Secretary General of the Multilateral Interim Secretariat on Establishing the AIIB, attended the Meeting.
The Meeting concluded discussions and finalized the Articles of Agreement (AOA) for the AIIB.? Secretary General JIN Liqun reported to the Meeting on the progress to date in setting up the AIIB. In the three day Meeting, the Chief Negotiators also discussed the draft Environmental and Social Framework and draft Procurement Policy framework, among other topics. It is expected that the AOA would be ready for signing by the end of June and the AIIB would be operational by the end of this year.
Chief Negotiators have held 5 rounds of Meetings since the Signing of Memorandum of Understanding on Establishing the AIIB in Beijing in October 2014.
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