Beijing, China, December 18, 2019
AIIB Invests in Central Asia’s Largest Wind Farm with First Project in Kazakhstan
The Asian Infrastructure Investment Bank (AIIB) has approved a USD46.7-million loan for the construction and operation of a 100-megawatt wind power plant in southern Kazakhstan which, when completed, will be the largest in Central Asia.
Located approximately nine kilometers southwest of Zhanatas in the southern Zhambyl region, the plant will, on a yearly basis, provide the country approximately 319 gigawatt hours of renewable energy and reduce carbon dioxide emissions by 260,623 tons.
The Zhanatas wind power plant is supported by a memorandum of understanding between AIIB and the Ministry of Energy of the Republic of Kazakhstan, which laid the foundation for greater cooperation on renewable energy project financing.
“Our investment in the largest wind power plant in the region reflects AIIB’s support for the Government of Kazakhstan’s transition to a “green economy,” which will advance efforts to meet the country’s commitments under the Paris Agreement,” said AIIB Vice President and Chief Investment Officer D.J. Pandian.
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 100 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.
Beijing, May 12, 2022
AIIB, OPEC Fund Advance Partnership for Global Infrastructure Funding
The Asian Infrastructure Investment Bank (AIIB) and the OPEC Fund for International Development (the OPEC Fund) have signed a Memorandum of Understanding (MOU) to expand their operational and strategic cooperation to finance global public and private sector projects, promoting sustainable, resilient and high-standard infrastructure development.READ MORE
Beijing, May 11, 2022
AIIB Signs USD200M On-lending Facility to Support Sustainable Infrastructure Development in Bangladesh
The Asian Infrastructure Investment Bank (AIIB) and the Government of Bangladesh have signed a USD200-million on-lending facility to Infrastructure Development Co. Ltd (IDCOL) to finance infrastructure projects in Bangladesh, marking AIIB’s first investment through a financial institution into infrastructure in the country.READ MORE