Mubasher: The Asian Infrastructure Investment Bank (AIIB) announced that Kuwait has joined the membership after it completed its ratification process on 26 May 2025, in a move that strengthens the bank’s footprint in the region.
As one of the first Founding Signatory, Kuwait’s completion of membership reaffirms its longstanding commitment to AIIB’s mission of fostering sustainable infrastructure development across Asia and beyond, according to a press release.
This historic milestone reaffirms the long-term vision of bringing together the 57 founding members and marks the completion of the ratification process of all the Founding Signatories to the Articles of Agreement of AIIB - the bank’s founding charter.
“AIIB began with 57 founding Members, and today we have grown to 110 Members,” stated Konstantin Limitovskiy, Chief Investment Officer Public Sector Clients (Region 2) & Project and Corporate Finance (Global) Clients at AIIB.
Limitovskiy added: “Kuwait’s new status as a full member reflects the enduring commitment of our founding members to AIIB’s mission and the strength of our shared vision. As the last of the founding members to complete its accession, Kuwait’s membership reaffirms the unity and long-term trust placed in AIIB.”
AIIB’s official concluded: “We look forward to exploring opportunities for collaboration on infrastructure projects that align with Kuwait’s national development priorities and support sustainable, inclusive growth across the region.”
From her part, Noora Sulaiman Al Fassam, Minister of Finance and Minister of State Economic Affairs and Investments of the State of Kuwait and Governor of AIIB, stated: “As a founding member of AIIB, Kuwait has supported the Bank’s mission since its inception.”
Al Fassam added: “Completing the ratification process as a Full Member reaffirms our commitment to sustainable economic development, regional connectivity, and multilateral cooperation benefiting the wider region. We look forward to deepening our partnership with AIIB to support projects aligned with Kuwait’s priorities, including Vision 2035, and regional prosperity.”
Meanwhile, the 11th Annual Meeting of the AIIB’s board will be held in Doha on 23-24 September 2026, to be chaired by the AIIB Governor and Minister of Finance of Qatar. The event will highlight AIIB’s strong engagement in the region and provide an opportunity to further enhance interregional collaboration on sustainable infrastructure, connectivity, and innovation.
By 2030, AIIB aims to deploy at least $75 billion more in sustainable infrastructure, focusing on green transition and scaling private-sector mobilization.
