The full name of the AIIB is the "Asian Infrastructure Investment Bank" (AIIB), which is designed to mainly support infrastructure projects in Asia.

The projects supported by the AIIB include six areas: railways, pipelines, electricity, highways, ports, and communications.

There are 21 founding countries in the first batch of the AIIB. These intended founding members are China, India, Singapore, Bangladesh, Brunei, Cambodia, Kazakhstan, Kuwait, Laos, Malaysia, Mongolia, Myanmar, Nepal, Oman, Pakistan, Philippines, Qatar, Sri Lanka, Thailand, Uzbekistan and Vietnam.

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