According to AIIB documents:
"The objective of the Fund is to mobilize more private sector capital into infrastructure sectors, and increase infrastructure investment in India. These investments will include operating companies and new ventures. The platform could also consider investments into other commercially viable investments within the broader strategy of the Fund...
Sector specific platform companies will be the primary investment vehicles of the Fund. For each sector of interest, the Fund will create a platform company in partnership with a limited number of financial investors. Operating expertise will be sought either through the inclusion of an operating partner or through a management team backed by NIIF and other partners...
The Fund will exclusively invest in India and intends to operate mostly through scalable platform companies that will target infrastructure assets primarily in the following sectors: roads, ports, airports, power (generation, transmission, distribution), urban infrastructure, and logistics..."
The target fund size is $2,100 USD million. The estimated AIIB investment is $200 USD million.
Asian Infrastructure Investment Bank (AIIB):
Mr. Kishlaya Misra
Project Team Leader
B-9 Financial Street, Xicheng District, Beijing, P.R. China 100033
Phone: +86 10 8358 0208
National Investment and Infrastructure Fund (NIIF)
Mr. Anand Unnikrishnan
Head – Fund of Funds
National Investment and Infrastructure Fund Limited
4th Floor, UTI Tower, GN Block, Bandra Kurla Complex, Bandra East, Mumbai, India 400051
Phone: +91 22 6264 6628
ACCOUNTABILITY MECHANISM OF AIIB
In addition, the AIIB has a Bank Oversight Mechanism. According to AIIB's policies, "people who believe they have been or are likely to be adversely affected by a failure of the Bank to implement the ESP may also submit complaints to the Bank's oversight mechanism in accordance with the policies and procedures to be established by the Bank for such mechanism." However, at the time of writing, it is unclear what the exact scope and function of this Oversight Mechanism will be.