Asian Infrastructure Investment Bank (AIIB)
The Asian Infrastructure Investment Bank (AIIB) is a financial institution that focuses on investing in infrastructure to promote sustainable economic development in Asia. In addition to investing the bank's own funds, it also mobilises public funding and private capital.
The AIIB was set up in 2015 at the initiative of the People's Republic of China, and is the latest multilateral development bank to be established. In Asia, the need for investment in infrastructure is extensive; responding to those needs is also key to achieving the Sustainable Development Goals of the 2030 Agenda. Investing in infrastructure creates jobs, lowers production costs, improves access to markets and ensures a reliable supply of energy and water.
AIIB objectives
The AIIB aims to close the substantial financial gap between the demand for sustainable infrastructure in Asia and the available resources. In so doing, it seeks to improve economic development as well as living, environmental and social standards in the region. The bank focuses on infrastructure projects in the energy, transport, urban planning and water sectors and prioritises sustainable and green investments. It provides its own financing as well as mobilising public funds and private capital. The AIIB also grants loans, provides guarantees and makes investments.
The bank has several sector strategies and four thematic priorities:
- green infrastructure
- cross border connectivity and regional cooperation
- technology-enabled Infrastructure
- private sector mobilisation
For more information on the collaboration between SDC and AIIB, please consult the factsheet:
Download the AIIB Corporate Strategy:
The SDC Programme Manager for AIIB is Markus Dürst
Direct access to the AIIB web page https://www.aiib.org/en/index.html