Finance Minister Swarnim Wagle Meets AIIB President in Doha for Infrastructure Investment
Summary
Finance Minister Swarnim Wagle met AIIB President Zou Jiayi in Doha to seek expanded investment, concessional funding, and disaster reconstruction support for Nepal. The two also discussed ongoing projects, including electricity upgrades, an expressway, and flood damage to the Upper Trishuli-1 Hydropower Project.
Key Points
- Finance Minister Swarnim Wagle met AIIB President Zou Jiayi in Doha on the sidelines of the bank’s annual meeting.
- Wagle asked the AIIB to expand investment in Nepal, support post-disaster rebuilding, and offer soft-loan financing.
- Zou expressed condolences over the Bhote Koshi River floods and said the AIIB would support resilient reconstruction, including grant assistance for project preparation.
- The minister also requested faster feasibility studies for projects such as electricity distribution upgrades, an expressway, and wider infrastructure development.
