Asian Infrastructure Investment Bank (AIIB) Project Preparation Special Fund (PPSF)

Affiliated Institution
Asian Infrastructure Investment Bank
Support Entity Type
PPF
Project Stage Supported
  • Development of pre-feasibility studies
  • Development of feasibility studies
  • Project financial structuring
Funding Type
Grants
Type of Recipient
Public entity at the national level
Public entity at the sub-national level
Public entity at the regional level
Private sector
Climate Objective
Cross-cutting
Region
East Asia and Pacific
Europe and Central Asia
South Asia
Sectors and Themes
Agriculture
Cities
Energy
Infrastructure and Industry
Transport
Waste
Water
Co-financing Requirement
No
Application Frequency
Rolling
Contact Information

Contact the AIIB PPSF via AIIB's 'Public Information Request Form': https://www.aiib.org/en/contact/information-req…;

Established in June 2016, the Project Preparation Special Fund (PPSF) is a multidonor facility created to provide technical assistance grants to support the preparation of high-quality bankable projects for AIIB Members, especially less developed Members. Project preparation activities supported by these grants are critical to improve project quality and ensure economic, environmental and social sustainability and implementation readiness.

The resources of the PPSF are used to finance technical assistance grants for preparatory activities required during the preparation and early implementation of a project. Project preparation activities supported by these grants are critical to improve project quality, ensure bankability in terms of economic, environmental and social sustainability and implementation readiness. The technical assistance provided can include, among others, consultancy services, equipment necessary for the preparation or delivery of such services or for the implementation of the recommendations made under such consultancy services, and related training.

Eligibility Criteria

PPSF grants can be provided to (1) AIIB Members eligible to receive financing from the International Development Association (IDA); and (2) AIIB Members not eligible to receive IDA financing but have substantial development needs and capacity constraints. Preference will be given to IDA-only AIIB Members.

PPSF may finance AIIB projects that are included in AIIB’s investment pipeline, under both its sovereign and nonsovereign operations, including projects financed under the COVID-19 Crisis Recovery Facility (CRF).