🌍 Today marks the 10th anniversary of the Asian Infrastructure Investment Bank (AIIB). Since its launch on January 16, 2016, this multilateral development bank has grown from 57 founding members to 110 members, covering 81% of the world’s population and 65% of global GDP. 🚀
📈 Facing massive infrastructure gaps—think roads, power grids, digital networks, and water systems—emerging and developing economies still struggle with outdated or missing systems that limit their growth and social mobility.
💡 The AIIB’s focused approach on infrastructure and productive sectors has paid off. To date, it has approved over 300 projects and mobilized more than $60 billion in financing, sparking over $200 billion in total investment. These projects translate into real-world impacts: new highways that link remote communities, greener energy grids powering cities, modern hospitals boosting health care, and clean water systems improving daily life.
🏛️ A key to AIIB’s success is its "lean, clean, green" governance model. Streamlined decisions, robust environmental and social safeguards, and an international team have earned trust from both borrowing members and overseas partners. This shows that new institutions can complement existing development banks and add fresh energy to global finance.
🤝 Collaboration is another game-changer. Many AIIB projects are co-financed with other multilateral institutions, avoiding overlap, aligning standards, and maximizing impact. It’s an example of 21st-century multilateralism: pooling expertise, sharing risks, and delivering results faster.
🚀 As we celebrate its first decade, the AIIB reminds us that in today’s multipolar world, development, connectivity, and sustainability are shared goals—no one wins alone. Here’s to the next ten years of building bridges, powering economies, and uplifting communities worldwide! 🌐✨
Reference(s):
Ten years on, AIIB is reshaping inclusive growth in a multipolar world
cgtn.com
