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Asia Infrastructure Investment Bank (AAIB) Special Fund

Cross-government Prosperity Fund

At the ninth UK-China Economic and Financial Dialogue (EFD) in Beijing on 16 December 2017, the Chancellor of the Exchequer signed a Contribution Agreement with the AIIB, formalising the UK’s commitment, made at the previous EFD in 2016, to provide US$50m to the AIIB’s Special Fund for Project Preparation. This fund provides grant support to developing Asian countries to prepare infrastructure projects for the Bank to finance. The UK's contribution is through the Prosperity Fund.

Project Identifier: GB-GOV-50-PF-05-AIIB
Activity Status: Implementation
Start Date: 01-10-2017
Budget: £45,550,000

Asian Infrastructure Investment Bank (AIIB) UK Capital Investment

HM Treasury

UK investment in the new Asian Infrastructure Investment Bank to assist in addressing the shortage of infrastructure investment across the Asia-Pacific region. The UK’s membership will deepen economic ties with Asia and create opportunities for British businesses. The AIIB will support economic growth in the region and drive up living standards. The AIIB aims to help bridge the gap and improve economic growth in Asia. The establishment of the AIIB supports access to finance for infrastructure projects across Asia using a variety of support measures including loans, equity investments and guarantees to boost investment. Supporting infrastructure investment in Asian will support economic growth in the region and give benefits for the whole global economy.

Project Identifier: GB-GOV-hmtfitb-AIIB
Activity Status: Implementation
Start Date: N/A
Budget: Not Provided

UK contribution to the Asian Infrastructure Investment Bank (AIIB) Special Fund

HM Treasury

At the ninth UK-China Economic and Financial Dialogue (EFD) in Beijing on 16 December 2017, the Chancellor of the Exchequer signed a Contribution Agreement with the AIIB, formalising the UK’s commitment, made at the previous EFD in 2016, to provide US$50m to the AIIB’s Special Fund for Project Preparation. This fund provides grant support to developing Asian countries to prepare infrastructure projects for the Bank to finance. The UK's contribution is through the Prosperity Fund.

Project Identifier: GB-GOV-2-PF-05-AIIB
Activity Status: Implementation
Start Date: 26-03-2018
Budget: Not Provided

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