 "The logo of Asian Infrastructure Investment Bank is seen at its headquarter building in Beijing. Photo: Reuters")
Asia Infrastructure Investment Bank, the Beijing-based multilateral financial institution, will take up the proposal for a $200 million investment in the government-backed National Investment and Infrastructure Fund (NIIF) at its annual meeting next month in Mumbai.
NIIF has an aggregate target corpus of $2.1 billion (the Fund) for investments into Indian infrastructure assets of which the government will provide the lion's share of $1 billion.
The remaining $900 million will be raised through other investors.
Danny Alexander, Vice President, Asia Infrastructure Investment Bank (AIIB) said that the AIIB’s third Annual Meeting will be held in Mumbai on June 25 and
