AIIB Watch Cases

Keppel Asia Infrastructure Fund

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

    Bild Anprechpartner   Dr. Nora Sausmikat

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

    Bild Anprechpartner   Dr. Dustin Schäfer

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

→  Unser Team