Event Background
EVENT
Promoting High-Quality Cross Border Infrastructure: Experiences and Lessons from IFI Practices
2025 AIIB Annual Meeting Public Seminar
Promoting High-Quality Cross Border Infrastructure: Experiences and Lessons from IFI Practices
26 June

2025

TIME: 26 June 2025, 14:45 – 16:00 (GMT+8)

LOCATION: Beijing, China

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DESCRIPTION

Cross-border connectivity infrastructure in transport, energy and digital sectors holds transformative potential for multiple dimensions of sustainable development, making it a thematic priority of AIIB. However, the scale and complexity of these projects means that this potential is not fully realized.

To address this, the Multilateral Cooperation Center for Development Finance (MCDF) was established to support cross-border connectivity projects in line with International Financial Institution (IFI) standards and best practices. Recognizing their importance, the G20--under the Presidencies of Brazil and South Africa--has also commissioned reports, co-led by AIIB, on exploring solutions to overcome the challenges these projects face. 

This session will feature a distinguished, high-level panel of speakers from governments and international financial institutions (IFIs) around the world to explore key questions about cross-border connectivity. Learn about the types of projects that have been transformational in the past and those poised to shape the future, how to ensure high-quality cross-border infrastructure initiatives are effectively prepared and implemented, and the critical role that IFIs and the MCDF can play in supporting these efforts and addressing associated challenges.

MCDF’s two flagship Connectivity Infrastructure Reports will also be launched at the event titled, Bridging Central and West Asia and the World, and Catalyzing Connectivity in Southeast Asia.

AGENDA
Speakers
Murtaza Syed
Murtaza Syed
Head of Ecosystem, AIIB
<p>Murtaza Syed is the Head of Ecosystem in the Economics Department at the Asian Infrastructure Investment Bank (AIIB) in Beijing.</p> <p>Murtaza has more than 25 years of experience in macroeconomic research and policy making. Most recently, he served as Deputy Governor of the State Bank of Pakistan (SBP) during 2020-2023. At the SBP, he oversaw monetary policy, research and human resources. He also served as Acting Governor during May-August 2022.</p> <p>Prior to his stint at the SBP, Murtaza worked with the International Monetary Fund (IMF) for 16 years. He reviewed IMF programs and surveillance of emerging markets and advanced economies―including Australia, Canada, Colombia, Euro Area, Germany, Greece, Morocco, Portugal, Tunisia, Venezuela and Zimbabwe. He also served as IMF Deputy Resident Representative in China during 2010-2014 and as IMF mission chief to Macao.&nbsp;</p> <p>Murtaza began his career in the late 1990s as a Senior Policy Analyst at the Islamabad-based Human Development Center under former Finance Minister of Pakistan, Mahbub ul Haq. Later, he worked for the Institute for Fiscal Studies (IFS), a London-based public policy think tank, where he conducted research projects on business investment and employment behavior, as well as evaluations of Latin American antipoverty programs.</p> <p>Murtaza has a PhD in economics from Oxford University (Nuffield College). He has published papers on a variety of macroeconomic issues, including fiscal and monetary policy, financial stability, economic crises, investment, demographics, poverty and inequality. He has also delivered lectures on public policy at Cambridge and Oxford.</p>
Hon. Sulton Rahimzoda
Hon. Sulton Rahimzoda
Chairman, State Committee on Investments and State Property Management, Republic of Tajikistan
<p>Mr. Rahimzoda held several prominent positions in the Government of Tajikistan, including First Deputy Minister of Energy and Water Resources (2013-2019) and Ambassador of Tajikistan to India from 2019 to 2020. In September 2020, Mr. Rahimzoda was appointed as a Chairman of the Executive Committee of the International Fund for saving the Aral Sea.</p> <p>On behalf of Tajikistan, Mr. Rahimzoda led the preparatory process for the UN 2023 Water Conference, which took place in March 2023 in New York, co-chairs the International Advisory Committee of the Dushanbe Water Process.</p> <p>Mr. Rahimzoda is widely recognized as a reformer who initiated the transformation of Tajikistan's water sector in 2016. Through advocacy and lobbying efforts, he successfully developed and approved strategic policy and legislative documents, including the Water Sector Reform Programme (2016-2025), Tajikistan's National Water Strategy 2040, the Law on Drinking Water and Sanitation, and the revised edition of the Water Code.</p> <p>As an esteemed water diplomat, Mr. Rahimzoda actively promotes and advocates for global water issues. He has authored numerous publications on water resources management in Tajikistan and Central Asia, showcasing his expertise and commitment to sustainable water management practices.</p> <p>Since January 2024 he has been leading the State Committee of Investment and State Property Management of the Republic of Tajikistan dealing with the promotion and attraction of foreign investment to the economy of Tajikistan and support of small and medium enterprises and entrepreneurship in the country.</p>
Manuela Ferro
Manuela Ferro
Vice President, World Bank
<p>Manuela V. Ferro is the World Bank Group Head of Delegation, representing President Ajay Banga at the AIIB Annual Meetings 2025.&nbsp;</p> <p>Ms. Ferro was appointed World Bank Regional Vice President for&nbsp;East Asia and Pacific (EAP) in September 2021. Prior to this appointment, she was World Bank Vice President of Operations Policy and Country Services (OPCS), where she oversaw the World Bank’s corporate policies on financing and analytical services.</p> <p>A Portuguese national, Ms. Ferro has over 25 years of hands-on and leadership experience in Africa, Europe, Latin America and the Caribbean, the Middle East and North Africa, and South Asia.&nbsp;Throughout her professional career, she has shaped creative development solutions for countries as diverse as post-conflict, low-income all the way to upper middle-income countries.&nbsp;She brings to her current position a track record of modernization of operations policies, a history of forging productive partnerships with client countries and development partners, and a focus on client services.</p> <p>An economist and an engineer by training, Ms. Ferro worked in technical and corporate positions at the World Bank. She previously served as the Director for Poverty Reduction and Economic Management in the Middle East and North Africa, where she oversaw the team of economists and governance specialists.&nbsp;She also served as the World Bank’s Director for Strategy and Operations for Latin America and the Caribbean, overseeing the operational and analytical work in this region.</p> <p>Ms. Ferro was also the Manager of the Country Economics unit in OPCS, overseeing country strategies, development policy financing, and guarantees. She led the launch of the World Bank’s new policies on guarantees, the introduction of Catastrophe Development Policy Operations with a deferred draw down option (CAT DDO) to help clients prepare for and respond to natural disasters, and the modernization of development policy financing with a deferred draw down option (DPF DDO).&nbsp;All are now broadly utilized.&nbsp;</p> <p>Ms. Ferro joined the World Bank as a Young Professional in 1994.</p> <p>Prior to joining the World Bank, Ms. Ferro was an Assistant Professor at The Technical University of Lisbon, from which she holds an MSc./Engineering Degree.&nbsp; Ms. Ferro holds a Ph.D. and an M.A. in Applied Economics from Stanford University in California. She also worked for the Government of Portugal on EU accession matters. Her professional interests include macroeconomics, game theory, international trade, and labor economics.</p>
Atter Hannoura
Atter Hannoura
Director, Central PPP Unit Ministry of Finance, Egypt
<p>Engineer Atter Hannoura&nbsp;has over 34 years of professional experience in different capacities and business sectors. He holds a Law Degree from Cairo University (2016), a Diploma in Large Procurements from ITO/Italy (2004), and a B.Sc. in Engineering (ICT) from Alexandria University (1981). Eng. Hannoura is a PPP Expert, with solid procurement and contract management experience. His professional business experience was mainly gained through working at multinational organizations since 1997, including ten years at USAID and the World Bank as a Management Information System (MIS) and Procurement Expert. His experience then extended to cover full project management, financing, and contract management in the MENA Region.</p> <p>Since February 1, 2007, Eng. Hannoura has been with the Ministry of Finance/Egypt, participating in establishing the PPP Central Unit. He was appointed by the Minister of Finance to be the Director of the PPP Central Unit. His work includes, but is not limited to, serving as the Director of the Central Department for PPP Projects, Tendering Affairs, and Contract Management. Eng. Hannoura was also responsible for implementing the PPP initiative on a national basis and drafting the PPP legal framework in Egypt since May 2011. He has strongly managed feasibility studies, preparation, and tendering of several PPP projects in utilities, transportation, health, education, ports, and communication sectors, in addition to creating additional PPP pipeline projects.</p>
Jang Ping Thia
Jang Ping Thia
Lead Economist and Manager, Economics Department, AIIB
<p>Jang Ping Thia joined the AIIB in 2016 and is currently the Lead Economist and the Manager of the Economics Department. The department is responsible for economic analysis at AIIB, covering country macroeconomics, debt sustainability analysis, review of project economics, to support investment operations. The department is also responsible for AIIB’s flagship publication, the&nbsp;<a href="https://www.aiib.org/en/news-events/asian-infrastructure-finance/2023/introduction/index.html" target="_blank" rel="noopener">Asian Infrastructure Finance</a>&nbsp;report, which highlights infrastructure development and financing issues. For 2025, “Infrastructure for Planetary Health” highlights how nature and climate change impact health outcomes and underscores the need for sustainable development to protect human health.</p> <p>He was previously with the Singapore Ministry of Finance, covering expenditures on security, sports, community and telecommunication infrastructure. With a PhD from the London School of Economics, he also held a stint as the Economics Director at the Ministry of Trade and Industry, overseeing economic forecasting, research and the development of the Economist Service.</p> <p>Working on trade and geography, infrastructure development and finance related issues, his research has been published in International Economics, Sustainable Development, Structural Change and Economic Dynamics, Economic Change and Restructuring, The World Economy, Journal of International Trade and Economic Development, Journal of Financial Services Research and Quarterly Review of Economics and Finance.</p>
AUDIENCE

On-site participants will consist of AIIB Annual Meeting delegates from AIIB’s 110 member countries, other invitees from IFIs, emerging market and developing country governments, the private sector, and registered media for the AIIB Annual Meeting.

FORMAT

This 1 hour and 15-minute session will be held in Room 243, China National Convention Center, Beijing.

Discussions will be conducted in English with simultaneous translation in Chinese.

Presentations and related knowledge products will be uploaded on MCDF’s website and JIGSAW platform.

ORGANIZING PARTNERS
  • Asian Infrastructure Investment Bank
  • Multilateral Cooperation Center for Development Finance
CONTACT

If you would like to learn more about this seminar, please contact MCDF’s Jenny Lou Fernandez (jenny.fernandez@themcdf.org).