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Results for infrastructure development

Monday 8 February 2021

Nuku'alofa, Tonga
Tonga has joined the Asian Infrastructure Investment Bank (AIIB), becoming its 84th member at an official flag raising ceremony held at the AIIB headquarter in Beijing, China, on 5 February. The AIIB was established in 2016 with $100 billion capital. It was created with the purpose of serving as a regional financing tool for Chinese President Xi Jinping’s “One Belt, One Road” initiative.
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Monday 7 December 2020

Manila, Philippines
The Asian Development Bank (ADB) has approved a USD$45 million grant to help rehabilitate and upgrade the international port at Queen Salote Wharf in Nuku’alofa, ADB announced on December 4.
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