Asia Infrastructure Investment Bank

The Asian Infrastructure Investment Bank (AIIB) is an international financial organization established in 2016 to support infrastructure development across Asia. It provides loans and funding to governments and private projects to improve transportation, energy, and other critical facilities. The goal is to promote economic growth, connectivity, and sustainable development in the region. With member countries worldwide, AIIB offers a coordinated approach to address infrastructure gaps, fostering regional cooperation and shared prosperity. It operates similarly to other development banks but focuses specifically on Asia’s infrastructure needs.