AIIB targets private capital to double annual lending to $20bn
A multilateral development bank aims to double its annual financing to $20bn by 2030 through private capital mobilisation and flexible local-currency instruments. Speaking at the 11th Annual Meeting o...
The Asian Infrastructure Investment Bank (AIIB) plans to double its annual lending to $20 billion by 2030 by targeting private capital and implementing flexible local-currency instruments. During the 11th Annual Meeting of the AIIB in Doha, AIIB President Zou Jiayi emphasized that public resources alone are insufficient to meet the growing global infrastructure needs.
The institution's strategic plan for its second decade focuses on adapting its business model and financial instruments to increase investability for institutional partners. AIIB Minister of Finance, Ali bin Ahmed al-Kuwari, highlighted the importance of practical cooperation for economic resilience and growth across member states.
Qatar, as a founding member, remains committed to advancing multilateral cooperation and sustainable infrastructure development. As of 2016, the AAA-rated bank has disbursed over $79 billion in financing for more than 400 projects in 43 economies and currently has 111 approved members. The bank's focus includes cross-border physical and digital connectivity, with a strong emphasis on climate action and renewable energy, low-carbon transport, resilient urban systems, and digital infrastructure.
Zou stressed the importance of international cooperation among equals for open regionalism and strengthening global supply chains.
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