The Asian Infrastructure Investment Bank (AIIB) will provide a loan of USD 455 million to finance the Andhra Pradesh Rural Roads Project, which will connect about 3,300 habitations with a population of more than 250, and benefit around two million people.
Terming India “a sweet spot where the rule of law prevails”, Finance Minister Piyush Goyal said here on Monday the country wants investments in nine projects from the China-based Asian Infrastructure Investment Bank (AIIB).
The Asian Infrastructure Investment Bank (AIIB) wants to finance projects in India spanning sectors across energy, transportation and sustainable cities.
Ahead of the annual meeting of its board of governors here next week, a senior official from the Asian Infrastructure Investment Bank (AIIB) on Wednesday said it will pump USD 1.9 billion into various Indian projects.
In the deep valleys of northern Laos, the Nam Khan River – a major tributary of the mighty Mekong – slices through extraordinary scenery. Towering, mist-covered mountain ranges; a sublimely preserved Unesco heritage-listed city that was once a royal capital; rippling rice paddies and fishing villages are just some of the dreamy scenes along its banks.
The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) has approved a loan of US$329 million to build access roads to approximately 4,000 villages in the Indian state of Gujarat.
Finance Minister Arun Jaitley will leave tonight on a four-day visit to South Korea to participate in the economic dialogue between the two countries and the 2nd Annual Meeting of Board of Governors of the Asian Infrastructure Investment Bank (AIIB).