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.
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.
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.
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.
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.