The Asian Infrastructure Investment Bank (AIIB) unveiled its latest digital solution, AIIB+, a first-of-its-kind interface designed to better match external concessional and technical resources with AIIB's project pipeline.
“AIIB+ is not just another digital platform,” said AIIB Vice President, Policy and Strategy, Sir Danny Alexander. “It is a vision, which intends to revolutionize the way in which Multilateral Development Banks mobilize concessional resources.”
To address the urgent and significant infrastructure needs faced by developing countries in Asia and beyond, AIIB+ aims to:
- 1) Match AIIB’s project pipeline with the most suitable technical and concessional financial resources from external partners
- 2) Mobilize grants and concessional finance at speed and scale with minimum transaction costs and maximum leverage for donors
- 3) Scale the impact for clients by expanding the range of financing and technical sources and partners, connecting them with other digital solutions.
“As the first MDB digital matchmaker, AIIB+ is poised to transform the landscape of infrastructure financing,” Sir Danny said. “It is not just about funding, it is about creating partnerships to bridge gaps, build futures and deliver concessional financing to AIIB Members.”
Several institutions, public and private, have already subscribed to the digital portal and joined the launch, including the Swiss State Secretariat Office for Economic Affairs (SECO), the China International Development Co-operation Agency (CIDCA), the United Nations Development Programme (UNDP), the United Nations Children’s Fund (UNICEF) and the Alliance to End Plastic Waste (AEPW).
For more information on AIIB+ or to become a member, please visit AIIB+ Portal or email partnerships@aiib.org
About AIIB
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond—infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 110 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.
