China, December 31, 2016
AIIB Project Preparation Special Fund is Open to Proposals
The AIIB Project Preparation Special Fund (the Fund) was established as a multi-donor fund on June 2016, with initial financial support from the People’s Republic of China in the amount of USD 50 million. The Bank has received the first installment payment.
The Fund will provide grants to support and facilitate the preparation of projects to be financed by the Bank in eligible member countries (International Development Association recipients, including International Development Association Blend countries). It will mainly benefit the preparation of sovereign backed projects undertaken by national governments or local governments. In exceptional circumstances, Fund resources may also be used for preparing innovative/complex projects, regional/cross-border projects that have significant regional impact and benefit other members or non-sovereign backed transactions where there is a demonstrable need. For criteria and procedures for using the Fund, please refer to the Rules and Regulations of the AIIB Project Preparation Special Fund approved by the Board of AIIB on June 24, 2016 (link to the Policy).
Eligible clients in need of the resources of the Fund may consult with the Project Team Leader of the project which is being considered by AIIB and submit application for consideration. A template of AIIB Project Preparation Special Fund for the clients with instructions is attached.
Questions on the Fund should be addressed to firstname.lastname@example.org.
Annex: Template of Application for AIIB Project Preparation Special Fund
Seoul, Republic of Korea, February 27, 2017
AIIB and Republic of Korea sign MOU to launch AIIB 2017 Annual Meeting
The Asian Infrastructure Investment Bank (AIIB/the Bank) and the Republic of Korea (ROK) today signed a Memorandum of Understanding (MOU) finalizing arrangements for the organization of the 2017 AIIB Annual Meeting. This year’s meeting is being co-hosted by the Bank and the Government of the Republic of Korea, and will be held on June 16-18, 2017, in Jeju Island in the Republic of Korea.READ MORE
Beijing, February 09, 2017
AIIB and IFC Sign ISDA Master Agreement to Expand Infrastructure Investments in Asia
The Asian Infrastructure Investment Bank (AIIB) and IFC, a member of the World Bank Group, have signed an International Swaps and Derivatives Association (ISDA) Master Agreement to enhance their capacity to make investments in emerging-markets projects, especially in Asia’s infrastructure sector. It is the first financial collaboration agreement between the two development finance institutions, demonstrating innovative ways to scale up development finance through capital market solutions.READ MORE