AIIB’s head underlines bank’s achievements in financing infrastructure projects

SAMARKAND: Asian Infrastructure Investment Bank (AIIB) is actively investing in infrastructure development, the president of AIIB and Chairman of the Board of Directors Jin Liqun said during the opening ceremony of the annual meeting of the Board of Governors of AIIB in Samarkand, Trend reports. 'Investing in infrastructure that connects Asia to the rest of the world is more important than ever. Since its inception nine years ago, the AIIB has strongly supported its members in the face of global developments. During this period, the bank has approved $54.7 billion in financing for 285 projects in 37 member countries. The development results are multifaceted and significant,' the AIIB president said. According to him, the bank's projects have provided 710 million people with access to urban public transport and upgraded 49,000 kilometers of transport infrastructure. 'Thanks to our projects, 8.7 million people now have access to safe drinking water. Less visible but no less important are the 22.8 million ton s of CO2 emissions that have been prevented,' Jin Liqun said. To note, the AIIB is holding its first-ever Central Asia Annual Meeting of the Board of Governors under the theme "Building Resilient Infrastructure for All" on September 25-26, 2024, in the city of Samarkand. The two-day event will feature more than 25 panel discussions on innovations in infrastructure financing, climate resilience and sustainable development, and digital transformation of infrastructure projects. Source: Trend News Agency

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