Abu Dhabi, September 26 – The UAE participated in the annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), held in Samarkand, Uzbekistan. The country was represented by His Excellency Mohamed Saif Al Suwaidi, Director General of Abu Dhabi Development Fund for Development (ADFD) and the UAE’s Alternate Governor at the Board of Governors of AIIB.
The meeting reviewed the previous year's achievements and discussed strategic initiatives for the future. It emphasized the importance of strengthening collaborative efforts to address the challenges associated with climate change through stronger collaboration, the mobilization of accessible and affordable finance in key sectors, and scaling up investments in sustainable and technology-enabled infrastructure projects such as renewable energy, water, and transport.
His Excellency Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and UAE Governor of AIIB, said that the bank has firmly established itself as a leading multilateral development bank, backed by a strong portfolio in sustainable development. “The world is increasingly being shaped by the emergence of new growth economies, the acceleration of the energy transition and the rapid rise of AI. Our goal is to maximize our impact on global development and create an environment that drives investment into infrastructure that can underpin sustainable and inclusive growth, particularly renewable energy and advanced technology.”