Features

Maldives Takes Part in AIIB 10th Anniversary Meeting in Beijing

Minister of Finance and Planning Moosa Zameer is currently in Beijing, China, attending the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB). The event ...

Mohamed Hilmy

25 June 2025, 00:00

0
Maldives Takes Part in AIIB 10th Anniversary Meeting in Beijing

Minister of Finance and Planning Moosa Zameer is currently in Beijing, China, attending the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB). The event is being held from 24 to 26 June 2025 at the China National Convention Center.

Minister Zameer participated in the Governors’ Special Session and was present for the election of Madam Zou Jiayi as the next President of the AIIB. He expressed the Maldives’ interest in strengthening cooperation with the Bank to support the country’s sustainable and inclusive development efforts.

The Minister is also scheduled to join the Governors’ Business Roundtable, where he will share the Maldives’ perspective on the meeting's theme, “Building on a Decade of Impact.” He will engage in discussions with other member states on enhancing regional cooperation and development strategies.

On the sidelines of the annual meeting, Minister Zameer held a meeting with President Sheng Hetai and senior officials from the China Export and Credit Insurance Corporation (SINOSURE). According to an update shared on his official social media, the talks focused on improving insurance coverage cooperation in line with the Maldives’ development goals and ongoing fiscal reforms.

This year’s meeting marks the 10th anniversary of the AIIB. Held under the theme “Connecting for Development, Collaborating for Progress,” the event brings together more than 3,500 participants, including government representatives, development partners, private sector leaders, and civil society stakeholders.

A central focus of the meeting is the Bank’s continued commitment to four strategic priorities: green and sustainable financing, cross-border connectivity and regional cooperation, leveraging private capital, and advancing digital transformation and smart infrastructure.

Established in 2015 with 57 founding members, the AIIB now includes 110 member countries, representing over 80 percent of the world’s population and more than half of global GDP. Over the past decade, the Bank has approved more than US$60 billion for over 300 infrastructure projects across 38 countries.

As a founding member, the Maldives has benefited from the AIIB’s investment and technical assistance and continues to engage with the institution to advance national infrastructure, fiscal reforms, and climate resilience objectives.

Leave a comment

Your email will not be published

Comments are moderated. Please be respectful and constructive.

Comments

No comments yet. Be the first to comment!