India emerges AIIB's largest market for infra financing
India has emerged as an attractive destination for project funding by the Asian Infrastructure Investment Bank (AIIB), surpassing all other countries in terms of infrastructure development. The AIIB has directed a significant portion of its funds towards sovereign Indian infrastructure projects, with a total investment of USD 10 billion and this amounts to over 20% of the bank’s overall infrastructure project funding since it’s in December 2015. Rajat Misra, the AIIB South Asia Director General, stated that India’s robust pipeline of infrastructure projects has contributed to its position as the largest project funding market for the bank.
📅Published on:
26 October 2023
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