AIIB expects to support African industrialization in cooperation with UNIDO

Posted on : Tuesday , 22nd November 2016

The Asian Infrastructure Investment Bank (AIIB) expects to cooperate with UN Industrial Development Organization (UNIDO) in boosting industrialization development in Africa in the future, Jin Liqun, President of AIIB on Monday told Xinhua.

Attending 50-year anniversary of UNIDO in Vienna, Jin said AIIB shares the inclusive and sustainable industrial development mandate with UNIDO, and could cooperate with the organization in the future to support the industrial development in African states.

"We expect that in near future we could carry out our business in Africa, and could cooperate with the world bank, the African Development Bank and UNIDO," Jin told Xinhua.

Although AIIB mainly focuses on the development of Asia, but African seems to be an attractive continent for its investment.

The AIIB president said compared to the other region like Latin America, Africa needs more help, many of the African countries still depend on exporting resources, therefore the industrialization is quite important for African countries.

Source : www.ecns.cn

OUR ASSOCIATES

EXPOGROUP

Expogroup is a full service exhibition organiser with over eighteen years experience in International.Trade Exhibitions and Events. Our current portfolio includes 20 annual exhibitions from a diverse range of industries being held across the Middle East & Africa.

WELCOME TO EXPOGROUP

EVENTS PREVIEW

BUILDEXPO AFRICA