Kuwait joins Board of Governors of Asian Infrastructure Investment Bank

The Asian Infrastructure Investment Bank (AIIB) has officially announced that Kuwait has joined the AIIB as a full member of the bank’s Board of Governors.

The announcement was made during the bank’s 10th annual meeting, held in Beijing and attended by over 2,500 global figures, including heads of major financial institutions and central bank governors.

In a statement to Kuwait News Agency (KUNA), Kuwaiti Ambassador to China Jassim Al-Najem affirmed Kuwait’s commitment to playing an active role within the AIIB, emphasizing the country’s vast experience in financing development projects.

“Kuwait’s accession marks a significant step in deepening global partnerships through infrastructure investment and the exchange of successful international expertise,” Al-Najem said.

He also highlighted Kuwait’s early support for the AIIB and its ambition to be a proactive and engaged member.

He added that the move enhances Kuwait’s presence in key sectors such as infrastructure, energy, and transportation on the global stage.

The three-day meeting, which began on June 24, was inaugurated by Chinese Premier Li Keqiang, who praised the AIIB as a successful model for financial governance and multilateral cooperation since its founding in 2015.

Representing Kuwait at the meeting were Saad Al-Rashidi, Director of the International Economic Cooperation Department at the Ministry of Finance, and Nouf Bursali, an economic researcher at the Ministry.

Founded in 2014, the AIIB currently includes around 103-member countries and is focused on financing sustainable infrastructure projects across Asia and beyond.