Beijing, China, April 07, 2020

AIIB Approves Emergency Loan to Support China’s Public Health Infrastructure

In response to China’s emergency financing needs for public health infrastructure to manage the spread of COVID-19, the Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a sovereign-backed loan of RMB2,485 million (approximately USD355 million equivalent) as an adaptive way of upgrading the country’s sustainable public health infrastructure and providing emergency equipment and supplies.

The project, to be supported by AIIB’s first emergency assistance loan, aims to strengthen the public health emergency response capacity in the Chinese municipalities of Beijing and Chongqing. The outbreak of COVID-19 triggered China’s urgent financial need for support in strengthening its capacity in epidemic prevention and control. Cities with large floating populations like Beijing and Chongqing have particularly acute financial needs to address such challenges.

The loan will support the sustainable development of the two cities’ public health infrastructure, system and emergency response. These include upgrading their respective Centers for Disease Control and Prevention, enhancing the treatment capacity of medical institutions in dealing with epidemic emergencies and providing emergency equipment and supplies to frontline public health workers to help contain the outbreak of COVID-19.

“AIIB’s response underscores the importance of building resilient public health infrastructures and maintaining robust systems for members to effectively mitigate risks to their populations associated with outbreaks of communicable disease,” said AIIB Vice President, Investment Operations, Konstantin Limitovskiy.

“The emergency loan demonstrates AIIB’s agility in responding positively and effectively to its members’ needs during crises.”

With a population of 22 million, Beijing is the capital of China and AIIB’s host city. Chongqing is the regional center of the west of China with a population of more than 31 million. Improvements in the public health infrastructure of the two cities will help protect their populations in the future from other contagious diseases.

 

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 102 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

AIIB 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, September 02, 2025

AIIB, Kazakhstan Sign Landmark Memorandum of Understanding to Unlock USD6 Billion for Sustainable Development

The Asian Infrastructure Investment Bank (AIIB) and the Ministry of National Economy of the Republic of Kazakhstan have agreed to establish a multi-year rolling pipeline (MYRP), a strategic framework that charts a course for up to USD6 billion in infrastructure investments between now and 2029.

READ MORE

Tianjin, September 02, 2025

AIIB and Azerbaijan Strengthen Partnership to Build a Sustainable, Connected Future

In a significant step in accelerating sustainable development and regional cooperation, the Asian Infrastructure Investment Bank (AIIB) and the Republic of Azerbaijan signed a joint declaration to elevate their partnership.

READ MORE

Beijing, September 01, 2025

AIIB and TKYB Sign USD200-million Facility to Support Climate and Digital Transition in Türkiye

The Asian Infrastructure Investment Bank (AIIB) and the Development and Investment Bank of Türkiye (TKYB) have signed a USD200-million equivalent, 15.5-year sovereign-backed on-lending facility to support Türkiye’s climate and digital transition goals.

READ MORE

Beijing, August 14, 2025

AIIB’s Inaugural Sustainability Report Underscores Transparency in Sustainable Infrastructure Finance

The Asian Infrastructure Investment Bank (AIIB) today released its inaugural Sustainability Report, applying the International Sustainability Standards Board (ISSB) disclosure requirements to voluntarily report on the financial impacts of climate-related risks and opportunities.

READ MORE