The Asian Infrastructure Investment Bank (AIIB) has become the first implementing partner of the Multilateral Cooperation Center for Development Finance (MCDF).
The partnership seeks to leverage resources to support the preparation of high-quality connectivity infrastructure projects to facilitate resilient and inclusive economic growth.
This is AIIB’s second accreditation with a multilateral partnership facility after securing its first accreditation with the Global Infrastructure Facility in June. The partnership enables AIIB to expand its resources to serve a broader range of members and further its role in financing Infrastructure for Tomorrow (i4t) — green infrastructure with sustainability, innovation and connectivity at its core.
AIIB has been serving as the administrator of the MCDF since June 2020.
“Connectivity infrastructure projects are large and complex and require significant resources for preparation,” said D.J. Pandian, vice presid
