Jeju, Republic of Korea, June 16, 2017
India to host 2018 AIIB Annual Meeting
Today, the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) announced that the Bank’s third Annual Meeting of the Board of Governors will be held in Mumbai, India in June 2018.
India is the Bank’s second largest shareholder and is becoming an increasingly important geography for AIIB investments.
"We appreciate the strong support provided by the Indian Government," said AIIB Vice President & Corporate Secretary, Sir Danny Alexander. "It’s fitting that we bring the meeting to India next year, where we can deeply engage with local business and draw on the infrastructure expertise that India can offer."
H.E. Arun Jaitley, Finance Minister of the Republic of India, noted that, "We are honored to become the host country for the third AIIB Annual Meeting. We look forward to welcoming you all to Mumbai next year and making the 2018 event a great success."
The first AIIB Annual Meeting of the Board of Governors was held in Beijing, China in 2016. The second Annual Meeting of the Board of Governors was held in Jeju, Republic of Korea in 2017.
AIIB is a new multilateral development bank founded to bring countries together to address the daunting infrastructure needs across Asia. Headquartered in Beijing, AIIB commenced its operation in January 2016 and has now grown to 80 approved members from around the world. Its mission is to improve economic and social development in Asia by investing in high quality, financially viable and environmentally friendly infrastructure projects.
Beijing, China, June 10, 2019
AIIB Approves First Investment in Nepal
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a loan of up to USD90 million for the Upper Trishuli-1 Hydropower Project, AIIB’s first project in Nepal.READ MORE
Beijing, China, May 09, 2019
AIIB reaches new milestone by pricing debut global bond to unlock financing for infrastructure
London, UK - The Asian Infrastructure Investment Bank (AIIB) today priced its first global bond. The five-year bond raised USD 2,500,000,000 and will drive AIIB’s priorities of investing in sustainable infrastructure, developing cross-border connectivity, and promoting Environmental, Social and Governance (ESG) investing in Emerging Asia.READ MORE