India to host third AIIB annual meeting on 25-26 June
25 Jun 2018
The Department of Economic Affairs under the ministry of finance and the Asian Infrastructure Investment Bank (AIIB) will jointly host the third annual meeting of the Asian Infrastructure Investment Bank (AIIB) on 25-26 June at Hotel Trident / Oberoi and NCPA, Mumbai.
The theme for this year’s meeting is 'Mobilising finance for infrastructure: Innovation and collaboration’ that will see leaders from various organisations and levels of government share ideas and experiences for creating a sustainable future through sound infrastructure investment.
This year will also see the launch of the inaugural Asian Infrastructure Forum, which will gather infrastructure practitioners in a practical and project-driven discourse, focused on matching innovative finance to critical infrastructure needs.
The two-day meeting will be attended by top policy makers, ministers from AIIB members, participants from partner institutions, the private sector and civil society organisations. Leading experts from various fields will be present to lead discussions and share insights on addressing Asia’s infrastructure gap in an environmentally and socially friendly way.
Prime Minister Narendra Modi will inaugurate the third annual meeting of AIIB on 26 June. Finance minister Piyush Goyal and secretary, Department of Economic Affairs Subhash Chandra Garg will also be present during the course of the meeting, to discuss the environmental landscape of investing in infrastructure plans in India and also share an overview about the third annual meeting.
Industries department, government of Maharastra is the nodal department, Maharashtra Industrial Development Corporation (MIDC) is the nodal agency, Confederation of Indian Industry (CII) is the professional conference organiser (PCO), Research and Information Systems for Developing Countries (RIS) is the knowledge partner, for the third annual meeting of AIIB.
The gvernment of India has organised a number of events in different cities in India from February to June 2018, aimed to stimulate debates on several important themes of infrastructure in the run up to the AIIB annual meeting 2018.
The Department of Economic Affairs in partnership with the Federation of Indian Chambers of Commerce and Industry (FICCI) is also organising an exhibition `India Infrastructure Expo 2018.’ The objective of the exhibition is to offer companies, both in the public sector and the private sector, to showcase their latest solutions, technologies and offerings in the realm of infrastructure project development and delivery.
The previous two annual meetings of AIIB were held at Beijing, China in 2016 and Jeju, Republic of Korea in 2017.
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank with a mission to improve social and economic outcomes in Asia and beyond. Headquartered in Beijing, the bank commenced operations in January 2016 and has now grown to 86 approved members from around the world.