Frankfurt, Germany, May 02, 2016

AIIB, ADB sign MOU to strengthen cooperation for sustainable growth

Asian Infrastructure Investment Bank (AIIB) President Jin Liqun and Asian Development Bank (ADB) President Takehiko Nakao signed a memorandum of understanding (MOU) here today on the sidelines of ADB’s 49th Annual Meeting of the Board of Governors.

The agreement sets the stage for jointly financing projects. AIIB and ADB are already discussing projects for co-financing in the road and water sectors. The first of these projects is expected to be Pakistan’s M4 highway project, a 64-kilometer stretch of motorway connecting Shorkot to Khanewal in Punjab Province.

"I am delighted to take a further step forward in our partnership with ADB," Jin said. "AIIB looks forward to deepening our already strong relationship and expanding our collaboration as we seek to address the significant infrastructure financing needs in the Asia Region."

"I am very pleased to have this framework of collaboration with a new and strong partner in Asia," said Mr. Nakao. "ADB has been working closely with AIIB throughout its establishment process. We will further strengthen our cooperation in promoting sustainable growth, reducing poverty, and combatting climate change in the region."

Through co-financing, knowledge works, and joint policy dialogues with member countries, the two institutions will work together in the areas including energy, transportation, telecommunications, rural and agriculture development, water, urban development, and environmental protection.

The two institutions will undertake regular high-level consultations between them and joint data collection to promote the implementation of the Sustainable Development Goals and the COP21 climate agreement.

AIIB, located in Beijing, is a multilateral development bank that focuses on the development of infrastructure and other productive sectors in Asia, including energy and power, transportation and telecommunications, rural infrastructure and agriculture development, water supply and sanitation, environmental protection, urban development and logistics.

ADB, based in Manila, is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration. Established in 1966, ADB in December 2016 will mark 50 years of development partnership in the region. It is owned by 67 members—48 from the region. In 2015, ADB assistance totaled $27.2 billion, including co-financing of $10.7 billion.

 

Logos for Download

AIIB logo is available in JPEG and PDF format.

DOWNLOAD

Media Contact

Lingxiao He

Press Officer

+86 10 8358 0683

SEND AN EMAIL

Harumi Kodama (ADB)

+63 (2) 632-5291

SEND AN EMAIL
More News Articles

Beijing, July 04, 2025

AIIB Partners with Brazil’s First Co-operative Bank to Boost Renewable Energy Financing

The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) has approved a USD100 million loan to Banco Cooperativo Sicredi S.A. (Banco Sicredi), Brazil’s first cooperative bank, to support the expansion of small-scale solar energy solutions for households and small and medium-sized enterprises (SMEs) across the country.

READ MORE

Beijing, July 04, 2025

Annual Meeting Opening Remarks by AIIB President

Your Excellency Li Qiang, Premier of the People’s Republic of China, Distinguished Governors, Honored Guests, Ladies and Gentlemen, Friends

READ MORE

Beijing, July 04, 2025

AIIB Subscribes to USD150 Million in Aditya Birla Capital to Advance Sustainable Infrastructure Financing in India

The Asian Infrastructure Investment Bank (AIIB) has subscribed to INR13,012.5 million (about USD150 million) of non-convertible debentures issued by Aditya Birla Capital Limited, one of India’s leading diversified financial services companies. The three-year, privately placed investment aims to accelerate financing for India’s renewable energy and e-mobility sectors, supporting the country’s transition toward a sustainable infrastructure ecosystem.

READ MORE

Seville, July 02, 2025

AIIB, EBRD renew agreement strengthening collaboration on sustainable infrastructure development

AIIB President Jin Liqun and EBRD President Odile Renaud-Basso signed a memorandum of understanding on the sidelines of the Fourth International Conference on Financing for Development (FFD4) in Seville to strengthen their collaboration on sustainable infrastructure development.

READ MORE