Status: Approved
Timeframe: 2020-2021
Area: Multicountry - East Asia and Pacific
AIIB Investment Amount: US$ 100 million
Total Project Cost: US$ 666.9 million committed capital
E&S Category: FI
Project Details: The objective is to mobilize private capital investments into infrastructure in AIIB’s members via a fund with a market risk-adjusted return.
Project concerns: Due to the projects categorization as FI the decision-making lays with the borrower, raising concerns about transparency. The specific subprojects to be financed are unclear, as only AIIB's ESP requirements must be met. The project description merely states that involuntary resettlement and impact on indigenous people is to be avoided where feasible.
AIIB interactions to date: Several online meetings with bank management in the aftermath of AIIB AGM 2020.
Further information: AIIB Page
Last update: 09.04.2025
Kontakt

Dr. Nora Sausmikat
China desk/Campaigns on Multilateral Development Banks
nora.sausmikat [at] urgewald.org
+49 030 86329 22 32

Dr. Dustin Schäfer
Team Lead Campaigns Multilateral Financial Institutions
dustin [at] urgewald.org