三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

US EUROPE AFRICA ASIA 中文 April 9, 2025
Business / Economy

AIIB approves half a billion USD for its first four projects in Bangladesh, Indonesia, Pakistan, Tajikistan

(Xinhua) Updated: 2016-06-25 15:14

DHAKA - Asian Infrastructure Investment Bank or AIIB has approved $165 million in loans for a Bangladesh project - the first batch of loan for the country from the China-led development bank.

The banks Board of Directors Friday approved its first 4 loans totaling $509 million to finance 4 projects including that one of Bangladesh.

Three of the 4 projects are co-financing operations with multilateral development bank (MDB) partners, said the global lender in a website post on Friday.

The three other approved loans are a $216.5 million loan for Indonesia, a $100 million loan for Pakistan and a $27.5 million loan for Tajikistan.

AIIBs President Jin Liqun noted, I am delighted to announce that AIIBs Board of Directors has today just six months after the Banks inauguration -- approved the first group of loans. These projects, which span the energy, urban development and transport sectors, will help to bridge the regions critical infrastructure financing gap and strengthen regional connectivity. We are very pleased that three of these projects are joint co-financing operations with our development partners, ADB, EBRD and the World Bank. This has been an outstanding and tangible demonstration of multilateral cooperation that has expanded the pool of financing available to our joint member countries. We are working on a number of additional projects and look forward to bringing them to our Board for its approval later this year.

The Banks Vice President and Chief Investment Officer, DJ Pandian, welcomed the new investments noting, The Bank places tremendous importance on ensuring that its investments lead to positive results and measureable outcomes for its clients and will improve the lives of the millions of people in the different regions of Asia.

The Bank, which supports infrastructure development and regional connectivity in Asia, is targeting lending of approximately $1.2 billion in 2016.

Three of the 4 projects are co-financing operations with multilateral development bank (MDB) partners.

The approved loans are:

$216.5 million loan for a National Slum Upgrading Project in Indonesia, expected to be co-financed with the World Bank;

$100 million loan to finance the Shorkot-Khanewal Section of National Motorway M-4 in Pakistan, co-financed with the Asian Development Bank (ADB) and the United Kingdoms Department for International Development (DFID); and

$27.5 million loan for the Dushanbe-Uzbekistan Border Road Improvement Project in Tajikistan, co-financed with the European Bank for Reconstruction and Development (EBRD); a $165 million loan for a Power Distribution System Upgrade and Expansion Project in Bangladesh;

Bangladesh's highest economic policy-making body, the Executive Committee of the National Economic Council (ECNEC) chaired by Prime Minister Sheikh Hasina, last month approved the project.

Planning Minister AHM Mustafa Kamal told reporters that the Bangladesh Rural Electrification Board (BREB) and the Dhaka Electric Supply Company Limited (DESCO) are entrusted to implement the project.

The project is designed to expand electricity coverage by providing 2.5 million new service connections in rural areas and upgrade grid substations and convert overhead distribution lines into underground cables in northern Dhaka.

The AIIB said in a website post that the project will supplement other development partner efforts by providing additional financial resources to connect more rural and urban consumers, further reduce distribution losses, and improve the quality and reliability of power supply in Bangladesh.

"The project, upon completion, is expected to benefit about 12.5 million people in rural areas," it added.

Officials say Bangladesh is looking to AIIB as the country, which has already identified inadequate electricity supply as a major constraint on GDP growth, and overall economic development, is in a dire need for more funds to develop mega infrastructure projects.

They said Bangladesh is now keen to explore alternative sources like AIIB which is expected to offer more loan than other traditional international lending agencies.

AIIB, launched formally in December last year, is an international financial institution that particularly aims to support the building of infrastructure in the Asia-Pacific region.

The AIIB expects to lend $10 billion?to $15 billion a year to members for at least five years.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美黄色片在线观看 | a级毛片高清免费视频 | 国产大片免费观看网站 | 亚洲欧洲一区二区 | 欧美一级做一级做片性十三 | 色婷婷综合和线在线 | 午夜窝窝 | 波多野结衣黑人系列在线观看 | 免费看黄色大片 | 尤物视频免费在线观看 | 91短视频在线观看免费最新 | 久操视频免费 | 久久www免费人成精品 | 国内精品福利 | 午夜男人女人爽爽爽视频 | 中文字幕第五页 | 欧美va视频 | 一级黄色免费 | 国产精品福利短视在线播放频 | 香蕉视频在线免费看 | 国产精品色综合久久 | 东北普通话清晰对白 | 免费的a级毛片 | 一级特黄特色aa大片 | 久久艹国产 | 亚洲一区二区三区久久 | 成人区在线观看免费视频 | 人人草在线视频 | 成人国产精品免费视频 | 欧美国产成人精品一区二区三区 | 亚洲高清成人欧美动作片 | 草草线在成人免费视频 | 亚洲高清不卡视频 | 一本一本久久a久久精品综合麻豆 | 外国一级黄色 | 成人国产永久福利看片 | 欧美成人一区二区三区不卡视频 | 国产成人福利在线视老湿机 | 六度国产福利午夜视频黄瓜视频 | 久久久福利 | a久久|