His Excellency the Saudi Minister of Finance, Mr. Mohammed Aljadaan, has concluded his participation at the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), which took place from June 24 to 26, 2025, in Beijing, China.
During a Governors’ Business Roundtable session, Minister Aljadaan highlighted the need for AIIB to expand its collaboration with other Multilateral Development Banks to attract private capital. He pointed out that private sector involvement in cross-border connectivity projects is limited to 22%, indicating constraints in public-private partnerships despite infrastructure development being crucial for global economic growth.
Minister Aljadaan suggested that AIIB could adopt innovative solutions like dynamic risk allocation and blended finance mechanisms. He also proposed establishing payment corridors supported by blockchain technology as a way forward.
He emphasized the importance of AIIB increasing its support for low-income countries. “The special funds provided by the Bank are impactful resources that can help bridge financing gaps and contribute to ensuring that all members are included in the development process without exception,” he stated.
Furthermore, Minister Aljadaan underscored the necessity of investing more in emerging energy technologies. “The Bank has already demonstrated its understanding of the energy sector’s importance, but we must go further. Technologies such as Carbon Capture, Utilization, and Storage (CCUS) are critical for energy security,” he said.
The Annual Meetings provide a platform for AIIB to present its achievements and engage various stakeholders—including members, partners, business leaders, civil society organizations, and global experts—in discussions on infrastructure financing aimed at a sustainable future.
This year’s meeting also marked AIIB’s 10th anniversary celebrations with events highlighting its contributions to sustainable economic development and improved infrastructure connectivity across Asia and beyond.
