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25 Apr 2020 DHAKA, Bangladesh

Support For Dhaka Water Network Improvements

Bangladesh capital city Dhaka's water and sewage system is to benefit from development bank and government investment to improve supply and sanitation for an underserved, fast growing poulation.The World Bank (WB) and the Asian Infrastructure Development Bank (AIIB) have approved financing of $170 Million USD each for Dhaka Water Supply and Sewerage Authority (DWASA)...

11 Jun 2019 BEIJING, China

AIIB Commits To First Investment In Nepal

The Asian Infrastructure Investment Bank (AIIB) has announced approval of $90 Million USD loan participation in the $650 Million USD Upper Trishuli-1 Hydropower Project. The commitment is AIIB’s first project in Nepal.The Upper Trishuli-1 Hydropower Project is a 216-megawatt greenfield run-of-river hydropower on the Trishuli River...

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11 Dec 2018 MUMBAI, India

AIIB approves $400 Million USD Loan for India Drinking Water Project

It is estimated that a new $400 Million USD loan by the Asian Infrastructure Investment Bank (AIIB) for piped water supply will positively affect up to 3.3 million people in Andhra Pradesh.In addition to benefits to the general population of the communities targeted to be served by the pipeline, the new services will have a direct impact on women and girls who currently haul water from communal taps...

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18 Nov 2018 BEIJING

AIIB Eager To Invest $1Billion USD In Pakistan

The Asian Infrastructure Investment Bank (AIIB) has expressed willingness to invest $1 billion for the development of various projects in Pakistan. The spokesperson for the bank said that AIIB, the multilateral development bank, desired to bring countries together to address Asia’s daunting infrastructure funding gap estimated at $ 26 trillion through 2030...

11 Sep 2018 BEIJING

AIIB To Invest $270 Million USD In Bangladesh Clean Water, Sanitation Projects

The China-based Asian Infrastructure Investment Bank (AIIB) plans to invest $270 million in a Bangladesh clean water infrastructure project. The project aims to improve access to piped water and sanitation to municipalities with poor water quality.

1 Aug 2018 ISLAMABAD

Diamer Basha Dam: Pakistan Power Consumers Set To Pay

After refusal of all major multilateral lenders including the World Bank (WB), Asian Development Bank (ADB) and Asian Infrastructure Investment Bank (AIIB), the dams committee is all set to recommend for relying on commercial foreign loans, launching of bonds and slapping dams surcharges on consumers through electricity bills for generating funds for construction cost of Diamer-Basha dam...

5 Jul 2018 MUMBAI

Asian Infrastructure Investment Bank Co-finances Indonesia Irrigation System

The Asian Infrastructure Investment Bank (AIIB) has approved a loan for an irrigation project in Indonesia, along with its first loan in Turkey, for a project to improve gas supply. In Indonesia, meanwhile, the Beijing-based lender has extended a $250 Million USD loan, also co-financed by the World Bank...

14 May 2018 MANILA, Phillipines

China Does Not Want Philippines Natural Resources As Collateral For Water Financing

Philippines Finance Secretary Carlos Dominguez has denied claims that China may be asking the country for natural resources as collateral for loans and other financing support related to water projects.“There’s no collateral here, it’s a sovereign debt,” Dominguez told reporters (Philippines Star)...

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8 May 2017 YOKOHAMA

Japan Provides USD 40 million to ADB for Infrastructure Technology

Japan will provide USD $40 million to the Asian Development Bank to promote high-level technology as part of efforts to boost quality infrastructure in Asia, Finance Minister Taro Aso said on Saturday. Aso's remarks came as China's increasing presence in infrastructure finance has alarmed some Japanese policymakers, who worry that Beijing-led Asian Infrastructure Investment Bank (AIIB) may overshadow the Japan-U...

14 Jul 2016 WASHINGTON, DC

World Bank Approves Financing to Improve Infrastructure in Indonesia

The World Bank’s Board of Executive Directors approved yesterday $216.5 million in financing to support a new government project that will improve infrastructure in Indonesia’s slum areas. The National Slum Upgrading Program is also supported by the Asian Infrastructure Investment Bank (AIIB), which is co-financing the project with an additional $216...

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30 Jun 2016 BEIJING

Nepal Applies to AIIB for Infrastructure Funding

Nepal has submitted proposals for five infrastructure projects to the Asian Infrastructure Investment Bank (AIIB) for possible financing. They include two energy projects, two road projects and one urban infrastructure project, said members of the Nepali delegation who participated in the first annual meeting of the China-sponsored bank held in Beijing.

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9 Jun 2016 BEIJING

AIIB to Announce Initial Loans This Month

The Asian Infrastructure Investment Bank (AIIB) will announce its first loans during its third board meeting on June 24, the bank’s President Jin Liqun said on Tuesday. The AIIB was founded last year on China’s initiative to fund infrastructure projects across Asia and officially opened for business in January, with 57 member countries and US$100 billion in authorised capital.

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