PM Modi to inaugurate AIIB 3rd annual meeting in Mumbai today

Prime Minister Narendra Modi will on Tuesday inaugurate the third annual meeting of the Asian Infrastructure Investment Bank (AIIB) in Mumbai, a multilateral development bank with a mission to improve social and economic outcomes in Asia and beyond.

The theme for this year’s meeting is “Mobilizing Finance for Infrastructure: Innovation and Collaboration.” Leaders from varied organisations and levels of government will be sharing ideas and experiences for creating a sustainable future through sound infrastructure investment.

This year will also see the launch of the inaugural Asian Infrastructure Forum, which will gather infrastructure practitioners in a practical and project-driven discourse, focused on matching innovative finance to critical infrastructure needs.

Later, the Prime Minister will meet business leaders and captains of industry, for a discussion on issues such as economic growth, infrastructure development, policy initiatives, investment, innovation and job creation.

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