March 26, 2024 22:04 pm
KATHMANDU, March 26: The Asian Infrastructure Investment Bank (AIIB) has said it accords top priority to Nepal for investment. A visiting high-level delegation from the AIIB said this during a meeting with Finance Minister Barshaman Pun, according to the Minister's Secretariat.
March 26, 2024 18:10 pm
KATHMANDU, March 26: Nepal Electricity Authority (NEA) has urged the Asian Infrastructure Investment Bank (AIIB) to increase investment in electricity infrastructure improvement and expansion projects.
March 25, 2024 18:31 pm
KATHMANDU, March 25: Prime Minister Pushpa Kamal Dahal has urged the Asian Infrastructure Investment Bank (AIIB) to ensure a policy for providing concessional loans to Nepal.
September 1, 2020 20:40 pm
LONDON, Sept 1: The China-backed Asian Infrastructure Investment Bank (AIIB) appointed veteran Swedish economist Erik Berglof as its first chief economist on Tuesday.
August 18, 2020 12:01 pm
BEIJING, Aug 18: Beijing-backed Asian Infrastructure Investment Bank (AIIB) said on Tuesday it would lend $100 million to Uzbekistan to help the country deal with the COVID-19 pandemic and future public health disasters.
July 29, 2020 16:31 pm
KATHMANDU, July 29: Nepal has urged the Asian Infrastructure Investment Bank (AIIB) to be more flexible on concessional finance to low income countries like Nepal.
June 11, 2019 07:12 am
KATHMANDU, June 11: The Asian Infrastructure Investment Bank (AIIB) has approved a loan of up to US $ 90 million for the 216 MW Upper Trishuli-1 Hydropower Project, which is being developed by a Korean joint venture company.
June 28, 2018 07:50 am
KATHMANDU, June 28: Nepal has formally sought financing for Tamakoshi V Hydropower Project from Asian Infrastructure Investment Bank (AIIB). The project is designed to be developed at the tail end of the under-construction Upper Tamakoshi Hydropower Project.
June 20, 2017 01:20 am
KATHMANDU, June 20: The Asian Infrastructure Investment Bank (AIIB) has assured Nepal it will finance two mega projects, each costing about Rs 10 billion (US$ 100 million) through soft loans, Finance Minister Gyanendra Bahadur Karki said. The bank will charge 2 percent interest per annum, according to the minister.
June 19, 2017 17:45 pm
KATHMANDU, June 19: The Asian Infrastructure Investment Bank (AIIB) is to invest hugely in Nepal's six projects.
March 30, 2017 05:00 am
Kenichi Yokohama, chief of the Asian Development Bank (ADB) Nepal Representative Mission (NRM), has completed his tenure in Nepal. He is moving to New Delhi, India for his next assignment. Before flying to New Delhi to take over his next assignment, Yokohama talked with Kuvera Chalise of Republica on his experiences in Nepal, ADB-funded projects and the long-awaited Melamchi Water Supply Project. Excerpts:
March 3, 2017 00:20 am
The Asian Infrastructure Investment Bank (AIIB) started its operation as a new multilateral financial institution on January 16 last year. Its president Jin Liqun is in Kathmandu to attend Nepal Investment Summit as a keynote speaker. Sagar Ghimire of Republica talked to Liqun on the sidelines of the summit. Excerpts: