 "testing, private laboratories, labs, vaccines, doctors, nurses, health, coronavirus")
The Asian Infrastructure Investment Bank (AIIB) is considering a proposal for financing $500-million project in India to strengthen country's national health care systems. The scope of funding will also include the purchase of equipment and detection capacity as country battles COVID-19 pandemic.
AIIB, Beijing based multilateral agency, in a statement said it is currently reviewing projects from several of its members, many in collaboration with other multilateral development banks. The assistance for healthcare project in India is one such example.
AIIB is doubling available funds under its COVID-19 Crisis Recovery Facility to provide upto $10 billion due to high client demand. This
