AIIB COVID-19 CRISIS RECOVERY FACILITY

The Asian Infrastructure Investment Bank (AIIB) has launched its COVID-19 Crisis Recovery Facility (CRF) in response to urgent economic, financial and public health pressures and to support a quick recovery of its members after the current crisis. The Facility will offer an initial USD 5-10 billion of financing to both public and private sector entities facing serious adverse impacts as a result of the pandemic. It is part of the coordinated international response to counter COVID 19 crisis, as per the Extraordinary G20 Leaders’ Summit.

As a collaboration between the European Chamber and the AIIB, the jointly organized webinar aims:

1. to introduce the AIIB Crisis Recovery Facility (CRF) to member companies of the EU Chamber of Commerce in China and European Business Organization (EBO) Network in Asia, and to provide an opportunity for member companies to ask questions.
2. to solicit feedback from member companies of EU Chamber and EBO network in Asia on perceived financing needs resulting from COVID situation, with a focus on infrastructure construction business in Asia.

A brief questionnaire will be sent out beforehand to attendees as part of the registration process. You can also complete the survey by log in here.

The webinar will be opened by AIIB’s President Jin Liqun and the EU Chamber's President Joerg Wuttke, followed by AIIB’s presentation on COVID-19 impact in Asia and AIIB’s introduction of the CRF. Member companies of EU Chamber will join an interactive discussion with AIIB participants.

This webinar will be off the record and follow Chatham House rules.

For inquiries, kindly email Muyue Qiu at myqiu@europeanchamber.com.cn.