Jin Liqun, President of the Asian Infrastructure Investment Bank (AIIB) and Dimitry Kumsishvili, First Vice Prime Minister and Minister of Finance of Republic of Georgia, signed a loan agreement during the second annual meeting of Board of Governors for a US$114 million loan for the construction of approximately 14.3 kilometer modern highway bypassing Batumi port city on the Black Sea coast.
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Beijing, January 06, 2025
AIIB Supports Clean, Renewable Energy Development in Tajikistan and Central Asia
The Asian Infrastructure Investment Bank (AIIB) on Dec. 19, 2024 approved a multiphase program with a total financing envelope of USD500 million, and Phase 1 Loan of USD270 million, to support Tajikistan in completing the Rogun Hydropower Plant Project (Rogun HPP).
READ MOREBeijing, December 16, 2024
China Contributes USD300M to AIIB Special Fund Window for Less Developed Members
The Asian Infrastructure Investment Bank (AIIB) has signed a Grant Agreement with the People’s Republic of China (China), confirming a USD300-million contribution to the Bank’s Special Fund Window (the Fund) for less developed members. The agreement was signed by AIIB Governor and Minister of Finance of China, Lan Foan, and AIIB President and Chair of the Board of Directors, Jin Liqun, during Lan’s visit to AIIB.
READ MOREBeijing, December 06, 2024
AIIB’s First Non-Sovereign-Backed Educational Infrastructure Project Boosts China’s YIST Campus
The Asian Infrastructure Investment Bank (AIIB) has signed a CNY574.728-million loan agreement to finance the expansion of the Yantai Institute of Science and Technology (YIST), a key vocational institution owned by China Education Group Holdings Limited aimed at strengthening vocational education and local workforce development.
READ MOREBeijing, December 06, 2024
Marvin Taylor-Dormond Steps Down as Managing Director of AIIB’s Complaints-resolution, Evaluation and Integrity Unit
The Asian Infrastructure Investment Bank (AIIB) announces that Marvin Taylor-Dormond, Managing Director (MD) of the Complaints-resolution, Evaluation and Integrity Unit (CEIU), has tendered his resignation to pursue high political office in Costa Rica.
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