www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
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: 狠色狠狠色狠狠狠色综合久久 | 国产黄色大片网站 | 一级片网址| 久久久久免费观看 | 日本一级毛片中文字幕 | 正在播放国产乱子伦视频 | 亚洲国产欧美一区二区欧美 | 国产高清在线精品二区一 | 久久怡红院国产精品 | 手机看片日本 | 成人午夜在线观看国产 | 香港经典毛片a免费观看 | 黄页网站18以下禁止观看 | 91久久青青草原线免费 | 欧美另类专区 | 一级做a毛片在线看 | 日韩精品一区二区三区乱码 | 久久aa毛片免费播放嗯啊 | 9久9久女女热精品视频免费观看 | 亚洲精品久久久久中文字幕一区 | 国产91丝袜美腿在线观看 | 美女18网站| 91精品国产综合久久久久久 | 午夜三级成人三级 | 久久精品国产99国产精品免费看 | 杨幂丝袜国产福利视频 | 亚洲男女网站 | 国产a级特黄的片子视频 | 成人的天堂 | 欧美亚洲日本在线 | 国产精品久久久久影视不卡 | 五月天激激婷婷大综合蜜芽 | 91精品一区二区三区在线 | 国产精品免费视频一区一 | 久久国产亚洲观看 | 99在线国产 | 国产成人精品视频一区二区不卡 | 久久精品夜色国产 | 真人真实毛片免费观看 | 欧美日韩国产在线人成dvd | 北条麻妃在线一区二区 |