Beijing, August 25, 2021

AIIB, MCDF Partnership to Foster High-Quality Infrastructure Investments

The Asian Infrastructure Investment Bank (AIIB) has become the first implementing partner of the Multilateral Cooperation Center for Development Finance (MCDF). The partnership seeks to leverage resources to support the preparation of high-quality connectivity infrastructure projects to facilitate resilient and inclusive economic growth.

This is AIIB’s second accreditation with a multilateral partnership facility after securing its first accreditation with the Global Infrastructure Facility in June 2021. The partnership enables AIIB to expand its resources to serve a broader range of members and further its role in financing Infrastructure for Tomorrow (i4t)—green infrastructure with sustainability, innovation and connectivity at its core. It is also in line with AIIB’s thematic priority of Connectivity and Regional Cooperation and principle of high governance standards as set out in the Bank’s Corporate Strategy.

AIIB has been serving as the Administrator of the MCDF since June 2020. "MCDF was set up to spread the reach of high standards in connectivity projects and promote cooperation and knowledge sharing among MDBs. As host of the MCDF, we will strive to support these goals and ensure the MCDF is administered according to the highest level of multilateral governance standards, in line with the commitment made by our Board of Directors," said Sir Danny Alexander, AIIB Vice President for Policy and Strategy.

As an implementing partner, AIIB will have access to MCDF resources to support its members in preparing high-quality connectivity infrastructure projects, benefiting from the platform that drives synergies and enhances learning and knowledge sharing. It will also help encourage other investors and financial institutions to adopt such high project standards for connectivity infrastructure investments. The partnership will enable AIIB to enhance collaboration with other development partners to support major infrastructure projects by leveraging the Bank’s sectoral experience and expertise. AIIB will further contribute to the development of high-quality projects by providing capacity building to its members.

“Connectivity infrastructure projects are large and complex and require significant resources for preparation,” said AIIB Vice President, Investment Operations (Region 1) D.J. Pandian. “With MCDF as a partner, we will be able to bridge this gap for our clients to help them prepare and implement high-quality connectivity infrastructure projects.”

MCDF’s support will play a critical role in enhancing information sharing across implementing partners and clients, strengthening capacity building to enhance relevant know-how and institutional capacity of development economies and reinforcing project preparation for accelerated project-related assessment.

“Many of our members need to build their capacity to develop and deliver connectivity projects,” said AIIB Vice President, Investment Operations (Region 2) Konstantin Limitovskiy. “A value-addition of this partnership is that our clients will have access to the best practices and knowledge generated by MCDF. This will help to strengthen clients’ ability to design and implement high quality projects.”

MCDF CEO Zhongjing Wang said the partnership marks a pivotal time for the international community.

“By bridging gaps in financing and knowledge for high-quality infrastructure and connectivity investments, the partnership between the MCDF and AIIB will catalyze development momentum, promote quality standards and achieve sustainable impact at the global, regional and country level,” said Wang.


About AIIB

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrow—infrastructure with sustainability at its core. We began operations in Beijing in January 2016 and have since grown to 103 approved members worldwide. We are capitalized at USD100 billion and Triple-A-rated by the major international credit rating agencies. Working with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.


About MCDF

The Multilateral Cooperation Center for Development Finance (MCDF) is a multilateral initiative to increase high-quality infrastructure and connectivity investments in developing countries in compliance with International Financial Institution (IFI) standards, including by encouraging other investors and financial institutions to adopt such standards. The MCDF is designed to reinforce the numerous existing global, regional and sectoral initiatives established in response to the need for more connectivity infrastructure in the world. It will support implementation of the G20 Quality Infrastructure Principles, the UN Agenda 2030 and its Sustainable Development Goals (SDGs), as well as the Paris Climate Agreement. With its goal of working in cooperation with existing channels and mechanisms, the MCDF will aim to contribute positively to a better-connected world built on high quality, sustainable infrastructure.

Logos for Download

Our logo is available in JPEG and PDF format.


Media Contact

Lingxiao He

Press Officer

+86 10 8358 0683


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.


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.


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.


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.


Home News and Insights Media Center News AIIB, MCDF Partnership to Foster High-Quality Infrastructure Investments