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4th Annual Meeting of Asian  Infrastructure Investment Bank (AIIB) in Luxembourg

 

The Fourth Annual Meeting of AIIB successfully concluded in Luxemburg on 13th July 2019. The Meeting jointly organized by the Ministry of Finance in Luxembourg and AIIB.  Governors and alternate Governors of AIIB along with the delegations from member countries, prospective members, partner institutions, business leaders, civil society and experts from a range of fields participated in the event.   

The theme of the fourth Annual Meeting was “Cooperation and Connectivity”. It had several discussions and forums that focused on the importance of cooperation and connectivity within and between countries and regions to achieve the economic and social development of the member countries.

Hon. Minister of Finance, Mr. Mangala Samaraweera attended the meeting as Head of the Delegation as the Governor of AIIB. The number of higher-level meetings was held with several parties as sideline events of the AIIB Annual Meeting. Further, the Hon. Minister of Finance had a very important discussion with the President of AIIB, Mr. Jin Liqun and other higher-level officers, in which they discussed the ways to enhance the cooperation between Sri Lanka and AIIB in the future. Initial discussions have been carried out for future development cooperation of AIIB for infrastructure development of the high priority sectors such as Airport development, transport sector development while highly focusing on tourism promotion in the country.

The implementation works of the very first two projects financed by AIIB; the Colombo Urban Regeneration Project and Reduction of Landslide Vulnerability by Mitigation Measures projects have been commenced during this year.  

 

 

 

 

 

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