Asia Investment Facility
Listen to the article
Cumulative
- Project-Specific Cofinancing $41.1 million
The Asia Investment Facility (AIF) was established in 2010 in line with the European Union’s regional strategy for Asia. Its main objective was to mobilize support for projects that advance sustainable development and equality across Asia. It focused on widening access to essential services through enhanced infrastructure or by creating economic opportunities and jobs. AIF-backed projects are implemented in sectors including energy, water, transport, the private sector, and environmental protection.
The AIF and other subregional investment facilities of the European Union—the Investment Facility for Central Asia and the Investment Facility for the Pacific—were replaced by their successor Asia Pacific Investment Facility.
News
8 Dec 2017
ADB to Help Improve Water Supply, Sanitation in Four Cities in Cambodia
Through the support of the Japan Fund for the Joint Crediting Mechanism and Agence Française de Développement, ADB is helping Cambodia expand and improve urban water supply and sanitation services in four of its largest provincial cities. This project is building a new energy-efficient wastewater treatment plant in Battambang and expanding the wastewater treatment plant at Sihanoukville. It is also supporting the construction of new sewer pipelines, a new septage management system, and a new 3.7 km trunk sewer.
Story
Lao PDR: Setting Vientiane on the Road to Sustainable Transport
The Lao People’s Democratic Republic is shifting from private vehicles to public transport through the enhancement of the Vientiane Capital State Bus Enterprise. Through the support of ADB and cofinancing partners European Union’s Asia Investment Facility, European Investment Bank, Global Environment Facility, and the OPEC Fund for International Development, the country is setting up a 12.9-kilometer bus rapid transit scheme that will help ensure the accessibility, safety, and mobility of the capital city’s growing population.
Project Map
