[INT]Investment Intern - Transport (5958)

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond—infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 110 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.

The Asian Infrastructure Investment Bank (AIIB)’s Investment Clients Region 1 Transport team developed its in-house Transport Unit Cost Database. The Database provides information on infrastructure costs and cost structures to allow AIIB’s project team leaders to understand the unit costs of various transport modes including roads, railways, metro and bus rapid transit (BRT). Existing cost studies are available at a cross-country and regional basis in the transport sector. Many of these studies, however, are limited in scope – they may (i) cover one infrastructure sector only, (ii) are not regularly updated, (iii) involve a limited number of countries, and (iv) do not provide disaggregated project costs. AIIB’s unit cost study attempted to address these limitations by covering key transport infrastructure sectors and unpacking infrastructure cost components. 

The primary intent of the Database is to provide unit costs of the main (or base) infrastructure in a transport mode by standardizing projects to enable cost comparison. While homogeneity is difficult to be achieved, given that there are differences in project-level specifications, this is addressed (to the extent possible) by excluding such factors in capital cost calculations. 

The Database is expected to be updated periodically to include new projects for a more comprehensive benchmarking exercise. The benchmarking exercise can also help AIIB require further information which may explain unexpectedly high or low project costs. Further, the Database can help increase transparency, promote the reliability of cost estimates of proposed projects, and boost optimal resource allocation at the project level. 

To date, AIIB’s unit cost study includes 31 BRT projects, 98 road projects, 232 metro projects and 168 rail projects covering South Asia, East Asia and Pacific, Europe and Central Asia, Sub Saharan Africa, South America and Middle East, and North Africa regions.  

In addition, the transport team of PSC1 Department is working on around 30 projects in implementation, 20 projects under preparation and may need support on specific research related to either project implementation or preparation. The intern may be requested to support project teams on projected-related tasks. 

Responsibilities:

• To update the Database with new projects and to conduct analysis of the Database.
• To support Power BI data migration of the Database.
• To conduct project-related research as requested by Project Team Leaders. 

Requirements:

• Currently enrolled in a Masters/MBA or PhD program, preferably specialized in data science, economics, transport, engineering. 
• Prior experience in building, preparing and handling datasets and developing dashboard using Power BI is preferred. 
• Passion for international development/area of interests. 
• Excellent communication skills. 
• Great team player. 
• Fluent in oral and written English.

AIIB is committed to diversity, transparency and inclusion. We believe our strength comes from having a team with the right diverse skills, experiences and abilities selected through a merit-based competitive process. We actively encourage applications from people from both within and outside AIIB members, regardless of nationality, religion, gender, race, disability or sexual orientation.

Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB.

Join us and help create a prosperous and sustainable Asia while growing your career in a diverse and innovative environment.