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.

1 January 2014–31 December 2020 Cofinanced Project
Country Project Cofinancing Amount ($ million) Type of cofinancinga
Bangladesh Natural Gas Infrastructure and Efficiency Improvement 60 L
Dhaka and Western Zone Transmission Grid Expansion 200 L
COVID-19 Active Response and Expenditure Support Program 250 L
Cook Islands COVID-19 Active Response and Economic Support Program 20 L
Fiji Sustained Private Sector-Led Growth Reform Program - Subprogram 3 50 L
Georgia Batumi Bypass Road 114 L
India Green Energy Corridor and Grid Strengthening 100 L
COVID-19 Active Response and Expenditure Support Program 750 L
Indonesia COVID-19 Active Response and Expenditure Support Program 750 L
Kazakhstan COVID-19 Active Response and Expenditure Support Program 750 L
Maldives Greater Male Waste-to-Energy 40 L
Mongolia COVID-19 Rapid Response Program 100 L
Pakistan National Motorway M-4 Gojra–Shorkot– Khanewal Section–Additional Financing 100 L
COVID-19 Active Response and Expenditure Support Program 500 L
Karachi Bus Rapid Transit Red Line 71.8 L
Philippines COVID-19 Active Response and Expenditure Support Program 750 L
Uzbekistan COVID-19 Emergency Response 100 L

a L for loan cofinancing

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