Infrastructure Minister Chris Hazzard met today with President Jin of the Asian Infrastructure Investment Bank (AIIB) to discuss how companies from the north can participate in projects in Asia.
The Minister said:
"This meeting was a useful opportunity to hear about international best practice in funding of infrastructure projects, as well as learning more about new infrastructure projects in Asia that are building sustainability and wealth creation.
“The Asian Infrastructure Investment Bank is a new international funding mechanism led by the Chinese Government and now has 47 member countries. Whilst the recipients of funding are Asian countries at present, as the north of Ireland increases its international work it has the potential to participate in future projects, sharing knowledge and expertise in post conflict reconstruction. This will help us raise our profile with a broad range of international funding organisations with an interest in some of the projects we are developing."
Concluding Minister Hazzard said:
"There may also be commercial opportunities for organisations from the north in providing expertise through AIIB and its partners."
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