H.E. Dr. Sultan Ahmed Al Jaber, the Minister of Industry and Advanced Technology and the UAE Governor to the Asian Infrastructure Investment Bank (AIIB), participated in a high-level roundtable during the Bank’s 10th Annual Meeting of the Board of Governors. The meeting, which took place in Beijing from June 24 to 26, 2025, was themed “Connecting for Development, Collaborating for Prosperity.”

During the meeting, the Board of Governors reviewed the key achievements from the past year and discussed future initiatives and projects. Participants highlighted the critical need for coordinated international efforts to address global economic challenges, particularly those related to climate change. They emphasized the importance of expanding strategic partnerships, mobilizing concessional finance, and investing in sustainable infrastructure.

Dr. Sultan Al Jaber praised AIIB for its pioneering achievements and its vital role in financing transformative infrastructure projects across member countries. He mentioned that the UAE’s support for this strategic partnership aligns with the directives of its wise leadership, which prioritizes multilateral cooperation, economic development, and bridge-building among nations.

In a meeting with Ms. Zou Jiayi, the newly appointed President of AIIB, Dr. Al Jaber reaffirmed the UAE’s ongoing support for the Bank’s initiatives to enhance its global impact. He acknowledged that since its establishment, AIIB has significantly improved living standards in many countries through its developmental support, showcasing the importance of multilateral institutions in development and financing.

H.E. Mohamed Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development and Alternate Governor for the UAE at AIIB, highlighted the strategic partnership between the Fund and the Bank. He pointed out that their shared development objectives contribute to sustainable economic and social growth in developing nations.

He also noted that AIIB’s operational office in the Abu Dhabi Global Market has successfully strengthened the Bank’s capacity and expanded its operations. In its first year, the office aligned investments with the Bank’s strategic priorities and enhanced engagement with clients, partners, and stakeholders across the region.

The UAE has been a founding member of AIIB since April 2015 and hosts the Bank’s first operational office outside of China, reflecting its active role in supporting and strengthening multilateral international institutions.

Over the past decade, AIIB has approved financing exceeding USD 60 billion for 318 projects. According to its 2024 Annual Report, the Bank achieved exceptional operational growth, approving 51 new projects in 19 member countries, totaling USD 8.4 billion in financing.

Moreover, AIIB made significant strides in climate financing, allocating 67% of its total USD 5.6 billion in funding to sustainable projects, surpassing its 2025 target of 50%. These initiatives included renewable energy projects with a collective capacity of over 21 gigawatts, which contribute to the annual avoidance of approximately 28 million tons of CO₂ emissions.

This decade of success underscores the UAE’s forward-looking vision and its commitment to supporting multilateral institutions focused on sustainable development. It also reaffirms the UAE’s strong dedication to international cooperation in tackling global challenges.