Asian Infrastructure Investment Bank

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank established in 2016 and headquartered in Beijing, China. Its primary objective is to enhance social and economic outcomes in Asia by financing infrastructure and other productive sectors. Key areas of focus include energy and power, transportation, telecommunications, rural infrastructure, agriculture development, water supply, sanitation, environmental protection, and urban development. AIIB supports initiatives such as China's One-Belt-One-Road, emphasizing governance, accountability, and sustainable development practices. The bank's major shareholders include countries such as China, India, and Russia, reflecting its commitment to fostering regional economic cooperation and growth.