About 3.3 million people in Andhra Pradesh will have access to safe drinking water following the approval of a $400 million loan by the Asian Infrastructure Investment BankÂ’s (AIIB) Board of Directors.
Tag: AIIB
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IndiaÂ’s National Investment and Infrastructure Fund to leverage AIIBÂ’s $200 million
The Asian Infrastructure Investment Bank AII) is likely to invest $200 million in a fund of funds set up by India to take interest in infrastructure projects.
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“Sustainable infrastructure is the priority in funding any project”
In an exclusive interview, Najeeb Haider, Principal Strategy Officer, Asian Infrastructure Investment Bank (AIIB) tells RAHUL KAMAT about the bankÂ’s future strategies and the key sectors for investments in India.
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AIIB keen to scale up to financing of standalone projects
India, the second-largest shareholder in the $100-billion Asian Infrastructure Investment Bank (AIIB) has emerged as the largest market for the bank due to the size of its economy.
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Capital cost for $4.5 trillion infra investment a challenge
Creating infrastructure will need a whopping $4.5 trillion investments over the next decade and the cost of the money will be a challenge, finance minister Piyush Goyal said.
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AIIB to invest `127 billion in IndiaÂ’ infrastructure sector
Earlier, AIIB had committed Rs 75 billion in projects that included a rural connectivity project in Madhya Pradesh; the Bangalore Metro; power transmission in Tamil Nadu; rural roads in Gujarat; and the power-for-all project in Andhra Pradesh.
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Government to add more high-speed rail networks in future: Railway Minister
A source from the government echoed his view and said that Japan, which is giving soft loans for the project, is increasing its funding for the project to $5 billion per year from the earlier commitment of $3 billion.
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AIIB to invest Rs 127 billion in India’ infrastructure sector
Considering, India's substantial infrastructure requirement, Asian Infrastructure Investment Bank (AIIB) has plans to invest around Rs 127 billion in projects including transport (metro), rural (road upgradation), energy (renewables) and water and waste management.