Asian Infrastructure Investment Bank will launch the first projects in the II quarter of 2016

Almaty. December 2. Silkroadnews - Asian Infrastructure Investment Bank (ABII) will launch the first projects in the second quarter of 2016 and by the end of the year will issue loans worth $1.5-2 billion, reported the agency Xinhua.
Due to the great lack of investment in infrastructure construction in Asia, ABII is interested in cooperation with the World Bank (WB), the Asian Development Bank (ADB) and other structures. ABII has already received the support of the World Bank, the ADB and the European Investment Bank, said the president of ABII Tzin Liqun.
As previously reported, in the next 5-6 years ABII will annually give out loans amounting to $10-15 billion. The bank will also issue bonds in RMB, US dollars, British pounds and Japanese yen. ABII intends to represent the common interests of all member countries and not to ignore the demand of those countries that are outside the "economic belt of the Silk Road and Maritime Silk Road of the 21st century", added the president of ABII.