Asian Infrastructure Investment Bank Eyes Addition Of New Member - President Jin Liqun
Date
9/26/2024 1:06:31 AM
(MENAFN- Trend News Agency)
SAMARKAND, Uzbekistan, September 26. Asian
Infrastructure investment bank (AIIB) may welcome another member,
said Jin Liqun, AIIB President, Chairman of the Board of Directors,
at a press conference, Trend reports.
"Since its inception, the AIIB has grown from 57 founding
members to 109 approved members across six continents. On September
26, the Board of Governors will evaluate a recommendation from the
Board of Directors to consider a new prospective member, which
could increase our membership to 110. Our members currently
represent 81 percent of the world's population and 65 percent of
global GDP," he said.
AIIB president pointed out that the bank has become an integral
part of the global financial landscape during almost nine years
into operations. "Through nearly 300 of approved projects, our bank
has committed over $50 billion to infrastructure development across
Asia and beyond, focusing on sustainability, innovation,
connectivity, and private capital mobilization".
"With more than 30 partnerships across international and
regional entities, we have made significant strides in promoting
economic growth and addressing pressing socio-economic challenges.
Together, we strive to finance the infrastructure of tomorrow to
achieve a better future through sustainable development," added Jin
Liqun.
AIIB is hosting its first annual meeting of the Board of
Governors in Central Asia on themed "Building Resilient
Infrastructure for All" on September 25-26, 2024, in Samarkand.
Over two days, more than 25 panel discussions will take place,
focusing on innovations in infrastructure financing, climate
resilience, sustainable development, and the digital transformation
of infrastructure projects.
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