AIIB, CIDCA to jointly help a road project in Tajikistan
China DailyThe headquarters of the Asian Infrastructure Investment Bank in Beijing. The Asian Infrastructure Investment Bank and the China International Development Cooperation Agency have signed a letter of intent to collaborate on promoting vocational training and women's development for a road project in Tajikistan. Leveraging CIDCA's grant financing capabilities, the partnership is a significant step in enhancing the development benefits of the AIIB-approved loan, which is aimed at improving connectivity between Obigarm and Nurobod by constructing a long bridge and its approaches, according to the multinational development bank. CIDCA has expressed its willingness to consider providing grant financing to AIIB through the Global Development and South-South Cooperation Fund for the implementation of the project. "By leveraging CIDCA's grant financing, we can extend the benefits of our approved loan and reach a broader group of beneficiaries in Tajikistan."
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