AIIB’s August Activities
As part of a continuing stakeholder engagement program, the Australian Treasury hosted a roundtable discussion to update Australian stakeholders on the AIIB’s recent activities. The Bank is continuing to recruit staff and is continuing with the development of its Complaints Handling Mechanism. Treasury also met with the Asian Development Bank’s Pacific Department.
June and July 2017 have been extremely eventful for the AIIB
The Bank held its 2nd Annual Board of Governors Meeting on Jeju Island, Republic of Korea. The Governors engaged in wide ranging discussions topics that included amongst other investment opportunities in member countries; the promotion of renewable energy; the financing of infrastructure and improved global governance. The AIIB adopted its first sector strategy: the Energy Sector Strategy – Sustainable Energy for Asia.
Visit by AIIB Vice President
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.
AIIB finishes year on a bang!
December 2016 was a busy month for AIIB‘s management and staff! The Bank celebrated its one year anniversary on 25 December 2016 having achieved significant milestones within its first 12 months of operations: the approval of nine project loans totalling USD1.70 billion across mainly the transport and energy sectors; and the establishment of a headquarters and continued build-up of capacity to support the AIIB’s expanding operations.
||AIIB Program gathers momentum
The fourth meeting of the Board of Directors of the Asian Infrastructure Investment Bank (AIIB) was held in Beijing on 27‑28 September 2016. Directors also held a retreat in the days prior to the meeting, providing an opportunity for discussion of the strategic direction of the AIIB in an informal setting.
||AIIB approves first loans
The Asian Infrastructure Investment Bank held its first Annual Board of Governors’ meeting in Beijing on 25 26 June 2016, preceded by the third Board of Directors’ meeting on 24 June.
||AIIB holds opening ceremony, inaugural meetings
The Asian Infrastructure Investment Bank held its opening ceremony and inaugural meetings of the Bank’s Board of Governors and Board of Directors on 16-17 January 2016 in Beijing. The Bank is expected to begin lending in the second half of 2016.