Notes on the 3rd Annual Meeting of the Asian Infrastructure Investment Bank, Mumbai, India

 

Key Takeaways: 

Asia’s needs for infrastructure finance rise to USD 2 trillion a year. Under the theme of “Mobilizing finance for infrastructure: innovation and collaboration” the AIIB’s President Jin Liqun called on all stakeholders to take responsibility and act. President Jin is shaping ‘his’ AIIB into a nimble and innovative multilateral development bank that is distinct from China and that reaches out to the whole world.

The AIIB pushes its core values: ‘lean, clean and green’.

India grabs a quarter of the AIIB’s initial lending portfolio to finance its bullish infrastructure plans.

Erik Famaey is Senior Associate at the European Institute for Asian Studies