BRICS New Development Bank Releases China Country Portfolio Evaluation Report
The BRICS New Development Banks report highlights successful collaboration with China in financing key projects since 2015.
Beijing, September 23 (Daily Kiran) : The BRICS New Development Bank has unveiled its ‘China Country Portfolio Evaluation Report’ in Beijing. This report, conducted by the bank’s independent evaluation bureau, assesses 27 projects approved between July 2015 and December 2024.
The findings indicate that the collaboration between the BRICS New Development Bank and China has been largely successful. China’s loan portfolio is one of the largest among the bank’s country-specific business sectors globally. The report highlights significant benefits across four key areas: RMB local currency financing, project implementation efficiency, sustainable technological innovation, and project compliance.
This evaluation provides a replicable and scalable model for multilateral development institutions to serve emerging economies and foster impactful, sustainable, and inclusive infrastructure projects.
