AIIB committed to providing strong support to ASEAN

Jin Liqun(2nd L), president of the Beijing-based Asian Infrastructure Investment Bank (AIIB), attends the World Economic Forum on

ASEAN

on May 12, 2017 in Phnom Penh, Cambodia. Jin Liqun, president of the Asian Infrastructure Investment Bank (AIIB), said here Friday that the multilateral development bank is committed to lending strong support to the Association of Southeast Asian Nations (ASEAN) for infrastructure development. (Xinhua/Sovannara)

PHNOM PENH, May 12 (Xinhua) -- Jin Liqun, president of the Asian Infrastructure Investment Bank (AIIB), said here Friday that the multilateral development bank is committed to lending strong support to the Association of Southeast Asian Nations (ASEAN) for infrastructure development.

"We're in the AIIB very much supportive of the economic and social progress in ASEAN countries," Jin said during the closing plenary of the World Economic Forum on ASEAN in Phnom Penh, capital of Cambodia.

"We are committed to providing strong support, financially or technically, to the infrastructure development in your region, and we are very much committed to working not only with the governments, but also with the private sectors," he said.

He said that ASEAN was the first group of countries that participated in the establishment of the AIIB.

"Our job is to work with you to promote the investment in infrastructure and other productive sectors," he said, adding that infrastructure investment was crucial to ensure sustainable socio-economic development.

Expressing his view on ASEAN's future, Jin said he believed that the future for the ASEAN countries will be brighter and economic growth will be higher thanks to political and economic stability.

The three-day World Economic Forum on ASEAN came to an end on Friday afternoon.

Jin Liqun, president of the Beijing-based Asian Infrastructure Investment Bank (AIIB), attends the World Economic Forum on ASEAN on May 12, 2017 in Phnom Penh, Cambodia. Jin Liqun, president of the Asian Infrastructure Investment Bank (AIIB), said here Friday that the multilateral development bank is committed to lending strong support to the Association of Southeast Asian Nations (ASEAN) for infrastructure development. (Xinhua/Sovannara)