AIIB Commits USD 150 million investment in Data Center Development to Serve Emerging Asia

AIIB Commits USD 150 million investment in Data Center Development to Serve Emerging Asia

• The Asian Infrastructure Investment Bank (AIIB) has committed to invest USD150 million in the development of data centers that mostly serve Emerging Asia.
• The Beijing-based multilateral development bank, AIIB, will invest the fund through the Keppel Data Centre Fund II (KDCF II).
• This is the first data center project investment by AIIB.
• KDFC II is a closed-end private equity vehicle managed by Singapore-based financial institution, Alpha Investment Partners Limited (Alpha).

Points to Remember:

1. How much amount has been committed by AIIB for investment in the development of data centers that mostly serve Emerging Asia.
2. Which financial institution has committed to invest USD150 million in the development of data centers that mostly serve Emerging Asia.
3. Headquarter of AIIB – Beijing
4. President – Jin Liqun
5. Founding Year – January 16, 2016
6. Members Nations – 105

Source: AIIB