Asia Infrastructure Investment Bank (AIIB)

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development organization established in 2016 to finance infrastructure projects across Asia. Its goal is to support sustainable economic growth by funding roads, bridges, energy, and water systems. Owned by its member countries, primarily in Asia but also globally, AIIB provides loans and investments to help countries build vital infrastructure, improve connectivity, and foster regional development. It works alongside other international financial institutions to promote economic stability and development in the region.