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.
The Annual Meeting is the Bank’s flagship event. In recognition of the challenges Bank members face in making infrastructure investments while fulfilling ambitious environmental commitments, this year’s meeting will center on the theme of ‘Sustainable Infrastructure’.
Over 1,500 delegates, including governors from the Bank’s membership, as well as participants from partner institutions, civil society organizations and leading experts from a range of fields, will come together to think anew about how to build a better and more sustainable future.
A dedicated Annual Meeting website www.aiib2017.org will go live tomorrow, and is where interested participants can learn more about the event and also complete their registration.
AIIB Vice President & Corporate Secretary Sir Danny Alexander said, “I am delighted to sign this MOU today and welcome the excellent collaboration we have had with the Korean Government in preparing for AIIB’s first ever event away from its headquarters. I would encourage anyone thinking of attending to visit the Annual Meeting website and to register early.”
H.E. Sang-mok Choi, First Vice Minister of Strategy and Finance (MOSF) of the Republic of Korea, noted that, “the Annual Meeting will serve as a platform for the AIIB to firmly position itself as a multilateral development bank mandated in infrastructure development. The 2017 Annual Meeting will also serve as an opportunity for the Bank to further develop the relationship with Korea and strengthen cooperation with member countries.”
Beijing, July 18, 2017
AIIB Receives Third Triple-A Credit Rating
S&P Global Ratings ("S&P") announced it has assigned the Asian Infrastructure Investment Bank (AIIB) its highest possible rating and a stable outlook. According to its press release, S&P has provided its 'AAA/A-1+' long- and short-term issuer credit ratings to AIIB.READ MORE
Beijing, July 13, 2017
AIIB Receives Second Triple-A Credit Rating
Fitch Ratings ("Fitch") announced it has assigned the Asian Infrastructure Investment Bank (AIIB) its highest possible rating and a stable outlook. According to its press release, Fitch has provided AIIB with a long-term issuer default rating of ‘AAA’ and a short-term issuer default rating of ‘F1+’.READ MORE
Beijing, July 05, 2017
Millions of Villagers in Gujarat, India to Benefit from New Investment
Yesterday, the Board of Directors of the Asian Infrastructure Investment Bank (AIIB) approved a loan of US$329 million to build access roads to approximately 4,000 villages in all 33 districts of Gujarat, India. Insufficient road connectivity into these villages limits their ability to access healthcare services, bring their goods to market and access transportation for their children to attend school. This project will construct and upgrade district and farm-to-market roads for the villagers and provide approaches to educational institutions, schools and hospitals. The upgraded road access is expected to have a positive impact on women and girls by improving school attendance rates for girls who currently drop out of school due to a lack of access to all weather roads.READ MORE