AIIB sees prospects in Europe

Bank to hold annual meeting in Luxembourg, its first outside Asia

Multilateral development institution the Asian Infrastructure Investment Bank is targeting Europe to expand infrastructure construction financing, as it is a significant region included in the Belt and Road Initiative, a senior executive of the bank told China Daily in a recent interview.

Although the AIIB has not yet announced any investment strategies in Europe, "we can and it could make sense for us, especially (for the projects) connecting with Asia," said Joachim Amsberg, vice-president of the AIIB, illustrating that some possible projects in Europe could be ports and railways.