ADB says to identify future projects for co-financing with AIIB
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[BEIJING] The Asian Development Bank (ADB) said on Monday it will identify future projects with co-financing potential with the Chinese-led international development bank, the Asian Infrastructure Investment Bank (AIIB).
Both banks "agreed to start the process to identify ADB's future projects that AIIB may be able to co-finance", the ADB said in a statement after a meeting between its president Takehiko Nakao and Jin Liqun, president-designate of AIIB.
Mr Nakao said in the statement the ADB will be happy to share with AIIB its experience and expertise in the region, including support for regional cooperation and integration, sustainable development and climate change.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
