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Asian Infrastructure Investment Bank

Georgian Founded Asian Infrastructure Investment Bank Stars its Operation

Asian Infrastructure Investment bank has officially started its operational working activities.

The inaugural meeting of the Asian Infrastructure Investment Bank’s Board of Directors, one of which is Georgian Finance Minister, was convened in Beijing on January 17, 2016.

The Board of Directors is made up of 12 Directors, of which 9 Directors represent regional members and the others non-regional members. Mr. Jin Liqun, President of the AIIB, chaired the meeting.

Georgia reveals to be the first of all 9 countries to have signed and ratified the foundation document on 29th of June, 2015.

It is expected that one of the first projects funded by the Bank will be carried out in Georgia .
The Bank is ready to implement infrastructure development projects in region.