AIIB approved a loan of CNY569,100,000 (equal to approximately USD80 million) to the Government of Kingdom of Cambodia for the P000849_National Restoration of Rural Productive Capacity Project - II (NRRPCP-II). This project aims to enhance all-weather accessibility and improve the livelihoods of the population by supporting the rehabilitation and climate-proofing of around 420 km of rural roads in 10 Cambodian provinces.
The project received a grant of approximately USD9.43 million under the Special Fund Window to buy down the interest by 100 basis points from the applicable rate.
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 111 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.
Asian Infrastructure Investment Bank (AIIB)
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