According to AIIB website, the project aims to support sustainable infrastructure development in Turkey through providing a long-term source of financing to a financial institution.
Asian Infrastructure Investment Bank
Aleksandr Kanunnikov, Project Team Leader
Tel: +86 10 8358 0257
Borrower and Implementing Agency (TKB)
Head of Financial Institutions Departmant Tel: +90 312 231 43 08
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.