Given the magnitude of infrastructure financing gaps in the developing countries, the role of development finance institutions remains crucial. In addition to the existing sources of financing by the World Bank, Asian Development Bank (ADB), African Development Bank (AfDB), the contribution of new generation development banks such as the New Development Bank (NDB) and the Asian Infrastructure Investment Bank (AIIB) for infrastructure development in emerging markets and developing countries would be critical. Further, innovative financing instruments and mechanisms are being considered for efficient pooling of financial resources for infrastructure projects. It would also necessitate comprehensive legal, institutional and regulatory reforms across countries and sectors.
The Government of India is hosting the third Annual Meeting of the Asian Infrastructure Investment Bank (AIIB) in June 2018. In the run up to the Annual Meeting a number of lead-up events and host country seminars would be held in different cities in India during February to June 2018. These events aim to stimulate debates on several important themes of infrastructure including mass rapid transportation systems, port and coastal infrastructure, urban development, futuristic, resilient, inclusive and digital infrastructure, regional development, clean and renewable energy, water and sanitation, and public private partnership and innovation in resource mobilization. For More Information Click Here