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Search Keyword: Asian Infrastructure Investment Bank

India, AIIB Ink $500 Million Agreement to Improve Mumbai’s Suburban Railway System
Web Exclusive
  Aug 24, 2020

India, AIIB Ink $500 Million Agreement to Improve Mumbai’s Suburban Railway System

Govt of India, Govt of Maharashtra, Mumbai Railway Vikas Corp. (MRVC) and the Asian Infrastructure Investment Bank (AIIB) today signed a loan agreement for a $500 million Mumbai Urban Transport Project-III to improve the network capacity, service quality and safety of the suburban railway system in the country’s commercial centre.

Jin Liqun Re-elected AIIB President
Web Exclusive
  Jul 29, 2020

Jin Liqun Re-elected AIIB President

Jin Liqun has been elected to a second term as President of the Asian Infrastructure Investment Bank (AIIB) by the bank’s board of governors. The election result was announced by the chair of AIIB’s board of governors during the bank’s fifth annual meeting on Tuesday.

Web Exclusive
  Jan 14, 2019

AIIB aided safe drinking water projects improves sanitation in AP

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 Bank’s (AIIB) Board of Directors.

Still, Indian banks are critical for infrastructure
Interview
  Oct 31, 2018

Still, Indian banks are critical for infrastructure

INFRASTRUCTURE TODAY spoke to the then interim Finance Minister on the sidelines of AIIB Annual General Meeting in a length over various issues, especially funding for infrastructure.

Web Exclusive
  Sep 29, 2018

AIIB approves USD 455 million loan project for Andhra Pradesh

The board of directors of the Asian Infrastructure Investment Bank (AIIB) has approved to sanction USD 455 million loan for the rural development of Andhra Pradesh.

The Order Book Chase
Cover Story
  Sep 01, 2018

The Order Book Chase

Total order backlog of the engineering and construction firms was Rs.8.1 trillion at the end of FY18. Of the whole order backlog, almost 62 per cent was contributed by the construction companies, followed by 24 per cent of capital goods companies catering to the energy industry.

Finance Update
  Jul 01, 2018

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.

Finance Update
  Jul 01, 2018

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.

AIIB to invest `127 billion in India’ infrastructure sector
Current Affairs
  Jul 01, 2018

AIIB to invest `127 billion in India’ 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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Agree. Developing a domestic transshipment port is a good idea if we talk about seaports, there are several countries and commercial centers around the world that don’t have a seaport and these countries have to use the seaports of other countries in order to import or export their cargo, which will give a competitive advantage.
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Adhering to international best business practices with niche boutique firms could open doors to easily tap financing from institutional investors both debt and equity.
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