Nepal secures AIIB vice-chair role, eyes infrastructure investment
Summary
Nepal has been elected Vice-Chair of the Asian Infrastructure Investment Bank for 2026-27, with Finance Minister Dr Swarnim Wagle securing the post at the bank’s annual meeting in Doha. The government says the role could help expand investment, technology transfer and cooperation in infrastructure, energy, communications and IT.
Key Points
- Nepal has been elected Vice-Chair of the Asian Infrastructure Investment Bank for the 2026-27 term.
- Finance Minister Dr Swarnim Wagle, Nepal’s governor at the AIIB, won the position at the bank’s annual meeting in Doha, Qatar.
- Wagle urged the AIIB to increase financing for roads, electricity, communications and information technology.
- Officials say the role could help Nepal attract more investment, technology transfer and international cooperation.
