Beijing, China, October 09, 2018

AIIB Promotes Sustainable Development Goals in New Transport Sector Strategy

The Asian Infrastructure Investment Bank (AIIB) has released its Transport Sector Strategy, which will guide the Bank’s infrastructure investments in the transport sector in Asia and beyond.

The strategy outlines AIIB’s objective to finance sustainable and integrated transport systems that promote trade and economic growth in Asia. AIIB looks to finance projects with financial returns and wider economic impact. Priority will be placed on trunk linkages, cross-border connectivity, projects that result in transport integration, and the upgrading of existing transport infrastructure.

Consistent with the Sustainable Development Goals, AIIB will seek to ensure its projects are economically, environmentally and socially sustainable in a balanced and integrated manner. AIIB will embrace projects that leverage innovative and proven technologies, including greener technological choices. The bank will also prioritize projects that minimize environmental and social risks and impacts, promote universal access, equity of opportunity and nondiscrimination, and have built-in appropriate accessibility and safety standards, where possible.

"Infrastructure that promotes connectivity is crucial for trade and economic growth in Asia and beyond," said AIIB Vice President for Policy and Strategy Joachim von Amsberg. "We will work closely with multilateral development banks and other partners to catalyze financing for sustainable transport development."

The Transport Sector Strategy has benefited from public consultations that took place from May 10, 2018 to July 4, 2018.

About AIIB

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank with a mission to improve social and economic outcomes in Asia. Headquartered in Beijing, we began operations in January 2016 and have now grown to 87 approved members worldwide. By investing in sustainable infrastructure and other productive sectors in Asia and beyond, we will better connect people, services and markets that over time will impact the lives of billions and build a better future.

 

Logos for Download

Our logo is available in JPEG and PDF format.

DOWNLOAD


Media Contact

Lingxiao He

Press Officer

+86 10 8358 0683

SEND AN EMAIL

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

Home News and Insights Media Center News AIIB Promotes Sustainable Development Goals in New Transport Sector Strategy