Beijing, January 16, 2017
AIIB celebrates its first anniversary; Launches its 2017 agenda
Building on the momentum from its inaugural year, the Asian Infrastructure Investment Bank has launched its 2017 strategic priorities, focusing on sustainable infrastructure, cross country connectivity and the mobilization of private capital. Guided by these themes, the bank will leverage its relationships with other multilateral development banks and private financiers to meet Asia’s growing infrastructure demands and contribute to social and economic growth in the region.
In 2017, AIIB will focus on:
• Sustainable Infrastructure – promoting green infrastructure and supporting countries to meet their environmental and development goals.
• Cross-Border Connectivity – prioritizing cross-border infrastructure, ranging from roads and rail, to ports, energy and telecoms across Central Asia, and the maritime routes in South East and South Asia, and the Middle East, and beyond.
• Private Capital Mobilization – devising innovative solutions that catalyze private capital, in partnership with other MDBs, governments and private financiers.
“AIIB’s core mission is to promote Asia’s social and economic development by investing in projects that will connect people, services and markets,” said Jin Liqun, President, AIIB. “We have a strong pipeline of projects in 2017 that will prioritize green infrastructure investments, promote energy efficiency, renewables, clean transport and other projects that help address global warming.”
Since launching on January 16, 2016, AIIB has welcomed 57 signatory countries and has approved loans of US$1.73 billion to support nine infrastructure projects in seven countries, including Pakistan, Bangladesh, Tajikistan, Indonesia, Myanmar, Azerbaijan and Oman. A full list of approved projects can be viewed by visiting AIIB’s newly redesigned website. Link to Approved Projects.
"We have had a very productive first year of operations," said President Jin. "In 2016 we worked hard to be seen as a trusted partner by sovereign governments, private financiers and other multilateral development banks. We believe only by working collaboratively can we hope to address the growing need for transportation networks, urban development, clean water supplies and low-carbon power within Asia."
For more information, please visit www.aiib.org.
BEIJING, May 18, 2017
AIIB Awards Global Custody Mandate to BNP Paribas
The Asian Infrastructure Investment Bank (AIIB) has awarded a global custodian mandate to BNP Paribas Securities Services as the new, Beijing based bank seeks to put in place its internal financial infrastructures for its liquidity investments. BNP Paribas is expected to have global custody of up to USD 20 billion of AIIB assets and will be providing a suite of custody services, with the agreement covering master custody services and other value-added services.READ MORE
Beijing, China, May 16, 2017
The Asian Infrastructure Investment Bank and the IDB Group Expand Ties
Asian Infrastructure Investment Bank (AIIB) President Jin Liqun, Inter-American Development Bank (IDB) President Luis Alberto Moreno, and Inter-American Investment Corporation (IIC) Chief Executive Officer James P. Scriven today signed a memorandum of understanding to provide an overall framework for strengthening cooperation between AIIB and the IDB Group in areas of common interest, such as knowledge exchange, policy coordination, and the co-financing of infrastructure projects in their respective member countries.READ MORE
Beijing, China, May 13, 2017
AIIB Further Expands Its Membership
Today, the Asian Infrastructure Investment Bank (AIIB) announced that its Board of Governors has adopted resolutions approving seven applicants to join the Bank, bringing the Bank’s total approved membership to 77. This round of approved applicants includes three regional and four non-regional prospective members.READ MORE