Asian Infrastructure Investment Bank expresses interest in expanding strategic investment partnership with Kerala, says CMO
Satheesan says his government looks forward to strengthening its partnership with the AIIB for implementing high-impact infrastructure projects
The Asian Infrastructure Investment Bank (AIIB) has shown interest in expanding its strategic investment partnership with Kerala, as stated by Chief Minister V.D. Satheesan's office. During a recent meeting, an AIIB delegation led by Senior Investment Officer Rajesh Yadav and Investment officer Mohammed Sharib Khan met with Satheesan to discuss potential collaborations.
The AIIB is open to working with the government to explore investments in sustainable infrastructure, blue economy projects, and other priority sectors. Discussions covered strengthening Kerala's water security, urban infrastructure, transport connectivity, healthcare, renewable energy, and State highway development. The AIIB delegation noted that existing AIIB-supported projects in Kerala, such as the Kochi Metro Phase II, Kerala Solid Waste Management Project, and Dam Rehabilitation and Improvement Project (DRIP-II), have created a solid foundation for future cooperation.
The State's focus on green infrastructure, climate resilience, connectivity, technology-driven development, and private capital mobilisation aligns well with the AIIB's Strategy 2030.
Written by urgent.news from The Hindu's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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