msfatima first female in bangladesh post - connects banglsdesh project -bangla 6% growrth - marshlanf bsy bengal - we needcloser/effective regional cooperaton; our economy over 12 years progres social indicators 12 years wiyj sh hasina- growing 81% at 2019- covid hit us - but still ppsitve growth
Mr. Shixin Chen
Vice President, Asian Development Bank
Mr. Shixin Chen is the Vice-President (Operations 1) of the Asian Development Bank (ADB). He joined ADB on 12 December 2018.
Mr. Chen is responsible for operations in the South Asia Department and the Central and West Asia Department.
Prior to joining ADB, Mr. Chen headed the Department of International Economic and Financial Cooperation at the Ministry of Finance of the People’s Republic of China (PRC).
From 1998, Mr. Chen held senior positions in the Ministry of Finance, overseeing areas of public finance and partnerships with multilateral development banks.
From 2012 to 2014, he was a Board Director in the Credit Guarantee and Investment Facility. Mr. Chen was World Bank’s Executive Director for the PRC from 2013 to 2016 and a Board Director for the PRC in the New Development Bank and the Asian Infrastructure Investment Bank from
2016 to 2018.
Mr. Chen holds a doctorate in Economics from the Graduate School of the Research Institute for Fiscal Science, and a Master’s degree in Public Policy Management of the Mason Program of the John F. Kennedy School of Government in Harvard University.
covid has required regional cooperation and recovery will need connectivity cooperation that adb supports
sassec 300 peohects 30 billion us $ by adb - so we have helped connect 5 corridor/sub corridrs - multi model connectivity- adb scaling up tech assistance of necesssary knowedgge - database of economic zones - carac institute example research/centre- capacity buiding still needed on these projects - members countries of trade/teansport/ -lessons project based approach - bagladesh wants to connect chittagong zone/highway at same india wanted to develop - go from transport corridor to "economic corridor" ;; cross sassev carik binstak - cluster of nations - .
part 2 how does mdb and nat gov woek - mdb adavance regional integration- ef transformational co-fimnancing collaboration - timing eisks etc harmoniseed - nepal hydro; railway central to south asa; facilitate policy reform agency mutuality... adb sassec trade regulatoey issues; ... unlocking digiral potential - b2b;ecommerce -19% OF GDP - MISSLINKS IN REGION COME FROM LOWER INCOME COUNTRIES.
Mr. Martin Raiser
Country Director, China, Korea and Mongolia, World Bank
Martin Raiser is the World Bank’s Country Director for China and Mongolia, and Director for Korea since March 1, 2019. Mr. Raiser is leading a team that is managing an evolving partnership with China, a growing program of support to Mongolia, and a deepening knowledge partnership with Korea focused on innovation and technology.
Mr. Raiser holds a doctorate degree in Economics (summa cum laude) from the University of Kiel, Germany, and degrees in Economics and Economic History from the London School of Economics and Political Sciences. Mr. Raiser worked for the Kiel Institute of World Economics and the European Bank for Reconstruction and Development, where he was Director of Country Strategy and Editor of the Transition Report. Since joining the World Bank in 2003, Mr. Raiser held positions as the Country Manager in Uzbekistan, Country Director for Ukraine, Belarus and Moldova, Country Director for Turkey, and most recently Country Director for Brazil.
Mr. Raiser, a German national, is married and has four children. He has published numerous articles in refereed economic journals and authored several books
yo long exp what add to datima-
wb has goodrelations since start of aiib
primeses & challenges
evidence multiple countries joining uo is as yet rare in wb experience
asean redgion intra trade onlt=y 24% vs eu 60% - in power market could grow 5 fold if regulation etc woked onwe need comstible grids --and to dobthis with climate
bri depends on domestic trtrade actions
infrastructure is expensive - infrastructure without domesyic reform can cause debt - 2 ties more gain when macimised domestic regulation fits the coobbectivity infrastructure
if we are tomobilise ppp - then we must align these public preparations
national projects add up to connectivity networks - unlrss regulations on rural mobility accomany infrastructure investments -- cross norder ivestments - kazar power trade agreemets s-asa- cental asia ; lao pdr transport pprtfolio
- as yet these asian developmets less mometu than african experieneces in wb- aiib has gained lot from world banks best experienves of cross-bodrers
relating to what mr chen said we find world bank has helped convene platforms - it takes two to tango report - getting countries together - india/bangladesh shared river projects
WHATS MOSR URGENT POST-PANSEMIC
whar has changed is the dev countries wre more fragile - recovering more slowly- fiscal space exhausted in keeping econony - choose right infrastructure projects and possible domesric realities - room mistkes none - aiib, adv, wb most maximie cooperation on ths focs for lpwer income
Mr. Zhongjing Wang
CEO, Multilateral Cooperation Center for Development Finance
Mr. Zhongjing Wang is serving as the Chief Executive Officer (CEO) of the Secretariat of the Finance Facility of the Multilateral Cooperation Center for Development Finance (MCDF). Prior to this, Zhongjing held various positions in the Government of China, most recently as the Director-General of the Center for Evaluation of the World Bank Loan Projects in the Ministry of Finance. He served on the Board of several international organizations and financial mechanisms, including the International Fund for Agricultural Development, Adaptation Fund, the New Development Bank, and the Asian Development Bank. He was a council member of the Global Environmental Facility, Global Infrastructure Facility and the Women Entrepreneurship Finance Initiative. He holds an MPA from Harvard Kennedy School, a Certificate of International Tax Program from Harvard Law School and an LL.B from Peking University.
MCDFconnects ii institutions incl adb aiib world bank- high quality collabs- kniwledge/ un 2030 agenda /paris/
need to make crossborder inyegrwl global recovery
1 infra needs quality/lifecycle analysis/managing project costs
mcdf one stop shop hilevel integration
also aim to strnegthen partnershipbepecially where this has slipped during covid
nature vased solutions iclufdig biodiversity related to well designed connectivity - climate smart /adaptve supply chains
mcdf aims to help macimise green as we all recober
==[art 2 question
funding gapwas large made larger by covid
interestrate changes also cauing challenge
transpareny of all crises connextions
some curret projects cost overunns caused by covid
1 efficient movement of goods - lessons drom eg container issues
2 mae conetvity more efficient cusrtomers of that projexts wll connect
even better project design of social as well as technival- acance in undestanging of global community
gen questions land loched centralasia - sprse poulations -specifc callenges of this region - q to chen - yes key cotext--need lomg term understanding og=f all countries involved; clarify comparative advNTAGES- SOME HAVE VET SPECIFIC AGRCULTURE ADVANTAGES;;;MULTI-TRAansport model- efficiency of map connextions= need prvate secrr to clarify unique opportunites they want
same question tomaerin -mongolia 3 mn people - how do you custmse to such country- our world bamk bri stufy - some cpuntries benefort 10 degree- they are in right locations but some other countries wont gain unless thayey reform donestically clarifying which are the corrdors; consider mongoliaeiailaw connext china/russia - trsade benefit russia-china but mongolia needs ro mainria sovereign wnership
has covid advancee education infrastructure- doesthis this fit with eg iib role- in bangladesh very difficult forward choice to revover for poorest
q ro chen demand covid revovery versus infra- question on time fame -dbscan help with vaccination but return of middletrrm fiscal space/// martin wehace pipeline of uocoming projects more infrastructure - impoetance of infra doesnt go away even as prioritesvshifted firt tme
cdc agendaachieve 30% by 2030- realostic
-- help countries understand which projects fot - mdbs convenor role- bangladesh depends on conveing integration
wong- aiib play srong lead role convening mulriple countries;; more proactcve supporting your low income countries;; lead cases
---marinn advce - we need to work together on donestic reforms to maximiae iib
chen-aiib can help focus k=knowedfe sharing south=souyh - from your eastern viewpoint
Opening Ceremony uae brunei switzerland cbi uae 50th year of uae
• Keynote Speech by State Dignitary of the Host Country
• Remarks by President, AIIB
40 vaccine projects 24 countries
new social infrastrure section of bank
next climate change - will be at 1.5 in about 10 years not end ofcentury
asia exposed catastrophic rsks
3 point plan resilient aliugn pubuic/private in line with paris agreement by 2023 wothother multilatera
low carbon growrt asian
will integrate est in class tech into projects
• Remarks by Vice Chair of the Board of Governors, AIIB (Regional)
• Remarks by Vice Chair of the Board of Governors, AIIB (Non-Regional)
• Welcome Address by Chair of the Board of Governors, AIIB
* Moderator: Secretary of the Board of Governors, AIIB
C development and investment fund, mandated with providing equity and debt financing for trade and economic cooperation. As the project manager, Grace led Silk Road Fund’s participation as a B-loan lender in AIIB’s syndication to Oman Broadband Company. Other notable investments that Grace managed include the Dubai Hassyan Power Plant, the Saudi Aramco Oil Pipelines Company, and the launch of China-EU Co-Investment Fund with EIF, etc.