Mongolia, June 12, 2016
President Jin Liqun Meets Mongolian President Elbegdorj Tsakhia
AIIB President Jin Liqun met with Mongolian President Mr. Elbegdorj Tsakhia, Prime Minister Saikhanbileg Chimed, Finance Minister Bolor Bayarbaatar and other senior officials during his three-day visit to Mongolia.
At the end of the trip, President Jin said, "We attach great importance to the economic and social development of Mongolia, a founding member of AIIB. We look forward to working closely together with Mongolia and contributing meaningfully to its infrastructure development that can make lasting positive effects on the economic landscape of the country."
President Elbegdorj said, "We strongly support AIIB and the role it can play in improving the wellbeing of the people of Mongolia. The Mongolian infrastructure sector has developed very quickly in recent years, and we are working diligently to further the development of this sector."
During his visit to Ulaanbaatar, President Jin also participated in the 12th ASEM Finance Ministers’ Meeting.
More News Articles
Beijing, February 01, 2023
AIIB Launches Inaugural Euro Commercial Paper Program
The Asian Infrastructure Investment Bank (AIIB) is launching its inaugural USD5-billion multicurrency Euro Commercial Paper (AIIB ECP) program in February 2023. The program expands AIIB’s short-term funding options and demonstrates the Bank’s agility in meeting investors’ demand for sustainable investment through high-quality debt capital market issuance programs.READ MORE
Beijing, January 09, 2023
AIIB Welcomes Mauritania as New Prospective Member
The Asian Infrastructure Investment Bank’s (AIIB) Board of Governors has approved Mauritania’s application, raising the Bank’s approved membership to 106. Mauritania is now AIIB’s 55th nonregional member, 21 of which are from Africa.READ MORE
Beijing, December 30, 2022
AIIB Extends EUR250M to Support Egypt’s Green Public Transportation
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a EUR250-million loan to Egypt for the Alexandria-Abou Qir Metro Line Project. Aiming to increase access to efficient, safe and low-carbon public transportation in the city of Alexandria, the project will upgrade and electrify the existing Alexandria-Abou Qir line. Twenty metro stations along the 22-kilometer corridor will be modernized, 13 stations and 16 kilometers of which will be elevated.READ MORE
Beijing, December 12, 2022
AIIB Reinforces Commitment to Support Members’ Clean Energy Solutions
The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) has approved an update to the Bank’s Energy Sector Strategy on Nov. 22, 2022. Under the updated Energy Sector Strategy, AIIB will focus its energy investments on supporting its Members to achieve their long-term climate goals and net-zero/carbon neutrality commitments and to accelerate the just transition towards secure, affordable, and sustainable energy access for all.READ MORE