Treasury and Finance Minister Şimşek Met with AIIB President
Treasury and Finance Minister Mehmet Şimşek met with Asian Infrastructure Investment Bank President Zou Ciayi within the scope of COP31.
Treasury and Finance Minister Mehmet Şimşek met with Asian Infrastructure Investment Bank (AIIB) President Zou Ciayi and the accompanying delegation within the scope of the UN Framework Convention on Climate Change 31st Conference of the Parties (COP31) held in Antalya, hosted by Türkiye. The Multi-Year Country Program was discussed during the meeting.
During the meeting between Treasury and Finance Minister Mehmet Şimşek and Asian Infrastructure Investment Bank (AIIB) President Zou Ciayi, the details of the Multi-Year Country Program, which is currently being prepared between the Bank and Türkiye and is planned to cover the 2027-2029 period, were evaluated. The parties outlined their priorities in this context.
Şimşek stated that in the new period they prioritize railway and connectivity investments, green transition, renewable energy and electrification, and digital transformation covering 5G, fiber infrastructure, and data centers. AIIB President Zou noted that the bank also prioritizes railway investments, especially the Middle Corridor and regional networks.
Türkiye is the 10th largest shareholder of the bank with a 2.6 billion dollar capital commitment and a 2.5 percent voting power. As of September 2026, a total of 9.4 billion dollars in financing has been approved for 45 projects in Türkiye, making Türkiye the second country where the bank has approved the most financing, following India.
Sources
- bloomberght.com · Link