https://arab.news/2dh5w
CAIRO: Jin Liqun, president of the Asian Infrastructure Investment Bank, received Egypt’s Ambassador to China Mohamed El-Badri.
Jin said the AIIB attaches great importance to its relationship with Egypt, as it is one of the bank’s founding members and actively participated in negotiating the agreement establishing it.
Egypt is “one of the most active countries in obtaining financing for its projects through the bank, especially clean energy projects and renewable energy,” he added.
Jin said the AIIB’s financing of Egyptian projects reflects the bank’s confidence in the country’s economy.
El-Badri stressed the importance his country attaches to renewable and clean energy projects, especially with Egypt hosting the UN Climate Change Conference in November.
The AIIB began operations in Beijing in January 2016, and has since grown to 105 members worldwide. The bank’s mission is to finance infrastructure with sustainability at its core.