Asian Infrastructure Investment Bank

Established in 2016, the Asian Infrastructure Investment Bank (AIIB) seeks to foster sustainable economic development, create wealth, and improve infrastructure connectivity in Asia by investing in infrastructure and other productive sectors. It also aims to promote regional cooperation and partnership in addressing development challenges by closely collaborating with other multilateral and bilateral development institutions.

At a Glance

Cumulative Project-Specific Cofinancing

$4.7 billion

  

2020 Project-Specific Cofinancing

  • $4.1 billion

Through 12 projects, the AIIB in 2020 contributed a total of $4.1 billion to ADB’s work in the Asia and Pacific region. Ten of these twelve projects are related to COVID-19 responses. AIIB’s support includes cofinancing for a bus rapid transit line project in Pakistan, a private sector–led growth reform program in Fiji, a waste-to-energy project in the Maldives, and COVID-19 response programs in Bangladesh, Cook Islands, India, Indonesia, Kazakhstan, Mongolia, Pakistan, the Philippines, and Uzbekistan.

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