AIIB Watch Cases

National Infrastructure Investment Fund (Phase I)

Status: Approved
Timeframe: 2017-2020
Area: Republic of India
AIIB Investment Amount: US$ 100 million
Total Project Cost: US$ 600 million
Co-financier: Government of India, ADB

E&S Category: FI

Project Details: NIIF has been set up by the Government of India to address the infrastructure financing gap in the country, particularly on the equity front.

CSO reports and organizations monitoring: Centre for Financial Accountability

AIIB interactions to date: In mid-March 2018, 31 Indian CSOs wrote to M.M. Kutty, the Executive Director representing India at the AIIB

Further information: AIIB Page; BIC Booklet


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