ASEAN Infrastructure Fund
In the Spotlight
The ASEAN Infrastructure Fund (AIF) is an innovative ASEAN initiative administered by ADB that helps mobilize the region's resources for its infrastructure development needs.
In 2011, ASEAN member states and ADB created the ASEAN Infrastructure Fund - the largest ASEAN-led financial initiative in its history - to address the region’s critical infrastructure development needs.
ADB hosted the seventh meeting of the Board of Directors of the ASEAN Infrastructure Fund (AIF) on 19 May in ADB Headquarters, Manila, Philippines. See the list of AIF board meetings
ADB has approved a $172.7 million loan to support Viet Nam’s drive for more efficient, sustainable power supplies from its key electricity networks in Ha Noi and Ho Chi Minh City.
ASEAN is one of the world's most dynamic and fast-growing regions. 2015 marks the launch of the ASEAN Economic Community, a common market comprising over 600 million people. To help ensure continued economic growth, job creation and poverty reduction, the region requires $60 billion in annual investments for road, rail, power, water, and other critical infrastructure.
ASEAN nations possess over $700 billion in foreign exchange reserves, but these funds are being largely invested outside of the region. The ASEAN Infrastructure Fund (AIF) is an innovative ASEAN initiative to mobilize the region's resources for its infrastructure development needs.
The AIF supports ASEAN's Master Plan on Connectivity, which calls for a better-connected ASEAN region that brings people, goods, services and capital closer together.
$485.3millionTotal Equity Contribution Commitments
11Number of Shareholders