Core Viewpoint - The Asian Infrastructure Investment Bank (AIIB) emphasizes the importance of cross-border infrastructure connectivity in promoting regional integration and economic growth, as discussed during its 10th Annual Meeting in Beijing [1][4]. Group 1: AIIB and MCDF Initiatives - The Multilateral Cooperation Development Facility (MCDF) was established in 2021 to enhance high-quality cross-border infrastructure investments, having invested $5.5 million over the past four years to support project assessments [4]. - MCDF's CEO highlighted the transformative potential of cross-border infrastructure in stabilizing climate, promoting international trade, and enhancing global competitiveness [4]. Group 2: Role of International Financial Institutions - International financial institutions play three unique roles in cross-border connectivity projects: as coordinators, project developers, and catalytic financiers [5]. - AIIB plans to allocate 25%-30% of its financing to cross-border infrastructure by 2030 to enhance regional integration and address public issues [5][6]. Group 3: Challenges in Cross-Border Infrastructure - Key challenges in cross-border infrastructure projects include uneven distribution of costs and benefits among participating countries, short-term political decision-making, and varying credit ratings and financial development levels [6]. - Nine key recommendations were proposed to overcome these challenges, including fostering broader cooperation, quantifying cost-benefit distribution, and optimizing public fund usage [7].