Beijing, China, April 09, 2020
AIIB Commits USD385M for Improving Water Access in Uzbekistan
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a USD385-million loan to provide access to safely managed water and sanitation services and strengthen the operational performance of water utility in Uzbekistan’s Bukhara Region.
The Bukhara Region has been identified by the Government of Uzbekistan as a priority area in terms of developing water and sanitation infrastructure as well as tourism. Uzbekistan has committed to increasing regional access to water supply (currently at 54 percent) and sewage services (currently at 34 percent) to 100 percent.
Expected to benefit 1.15 million residents, the Bukhara Region Water Supply and Sewerage Project will support priority investments in water supply infrastructure and sewage infrastructure. The investments will help reduce water-related diseases, lower coping costs (expenses and time savings), increase operational efficiency and enhance water service quality and quantity.
“These investments will improve regional access to safe drinking water and sanitation as well as support the Government of Uzbekistan in addressing its critical financing gap in water supply and sanitation services,” said AIIB Vice President, Investment Operations, Konstantin Limitovskiy. “The project is AIIB’s first loan in the water sector in Uzbekistan and in the Central Asia Region. It is also aligned with AIIB’s key priority of promoting sustainable infrastructure.”
In addition to physical investments, the loan will finance project management and support to assist the implementation agency in ensuring seamless coordination, efficiency and compliance with AIIB’s relevant safeguards policies. AIIB’s participation focuses on high-quality implementation of the project.
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.
Beijing, China, October 23, 2020
AIIB Support Helps Keep Russia’s Railways on Track
To help alleviate the temporary liquidity constraints caused by the decline of long-haul passenger transportation and deferred client payments against the backdrop of the COVID-19 outbreak, AIIB is extending financing to Russian Railways (RZD) in the local currency equivalent of USD300 million.READ MORE
London, UK, October 14, 2020
AIIB debut in GBP market unlocks new financing for sustainable development
The Asian Infrastructure Investment Bank (AIIB) today priced its first GBP-denominated benchmark transaction. The five-year sustainable development bond raised GBP 800 million and will finance AIIB’s mission of financing infrastructure for tomorrow – investing in sustainable infrastructure to unlock new capital, new technologies and new ways in which to address climate change and to connect Asia, and the world.READ MORE
Beijing, China, September 28, 2020
AIIB Approves USD150-M Loan to Improve Digital Connectivity in Indonesia
The Asian Infrastructure Investment Bank (AIIB) is ramping up its investment in digital infrastructure among its members, with a USD150-million nonsovereign loan to Satelit Nusantara Tiga (SNT) for a multi-functional satellite that will cover 45 million people.READ MORE