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Visit by AIIB Vice President

13 February 2017

It has been an exciting start to 2017 with a visit by AIIB’s Vice President and Chief Administrative Officer, Dr Luky Wuryanto, to Australia and New Zealand.  The purpose of the 4 day visit to the region was to meet with Governors and other senior government representatives and to engage with local businesses.

The delegation, which also included Ms Dan Yang, Director General, Facilities and Administration Services Department, and Mr Oliver Barron, Executive Officer, Office of the President, was accompanied by our Director, Mr Chris Legg.

The trip started in Canberra where Dr Wuryanto and the delegation attend a lunch with senior officials from the Treasury and the Department of Foreign Affairs, hosted by Mr Nigel Ray, Deputy Secretary of the Treasury.  Dr Wuryanto shared with Australian officials the AIIB’s progress regarding its operations and policies, its objectives in 2017 and how it can collaborate with Australian stakeholders. The lunch was followed by a short tour of Parliament House where they witnessed the House of Representatives in action debating amongst other things Australia energy policy!!!

The delegation also met with Australia’s Alternate Governor, Minister for Revenue and Financial Services the Hon Kelly O’Dwyer MP.

The trip moved to Sydney the following day where the Global Foundation organised a Roundtable discussion hosted by King & Wood Mallesons at their offices.  Senior management from the Sydney legal, finance and corporate sectors were interested to hear the Bank’s plans for 2017 and how the Bank could engage more closely with stakeholders.

Dr Wuryanto and delegation then visited Infrastructure Australia where they met Mr Stephen Alchin, Executive Director – Planning. Mr Alchin explained IA’s mandate of prioritising and progressing nationally significant infrastructure projects through independent research and advise for all levels of government, as well as for investors and owners of infrastructure across the country.

The final appointment for the day was with the Global Infrastructure Hub where the delegation was welcomed by its CEO Mr Chris Heathcote, COO Mr Bill Brummitt and Senior Directors who explained the work undertaken by the GIH.  Set-up by the G20 in 2007, the GIH’s mandate is to grow the global pipeline of quality, bankable infrastructure projects. Dr Wuryanto acknowledged that the GIH’s projects could assist the AIIB and invited them to speak to the AIIB’s Board of Directors and senior management in June 2017.

The delegation then flew to New Zealand. In Wellington, they held meetings with senior New Zealand Treasury and Ministry for Foreign Affairs and Trade officials. Dr Wuryanto and the delegation then met with New Zealand’s Alternate Governor Mr Gabriel Malouf, Treasury Secretary and Chief Executive of New Zealand Treasury. Their next travelled to Auckland where over two days they met with members of the New Zealand Council for Infrastructure Development Board, members of the business community and the business press before returning to Beijing.

Dr Wuryanto’s visit gave senior government officials and the private sector in Australia and New Zealand a better understanding of the AIIB and its ambitions for the future, and is valuable in fostering collaboration between the bank and the two countries.