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...Procurement policy january vision statement application of the in aiib projects aims to support recipients achieve successful implementation bank financed through efficient fair ethical and transparent processes that optimize both value for money social environmental sustainability acronyms asian infrastructure investment cps country system ffp fit purpose mdb multilateral development pds project delivery strategy vfm this sets out principles on basis which under by is be conducted promotes good a an methodology adopts strategic cost effective approach b optimal throughout cycle c global innovation advances practice d close collaboration with other bilateral institutions e appropriate level risk based fiduciary oversight f inclusion sustainable socio economic objectives s g sound governance accountability definitions as used following terms have meanings set below means specific activities defined agreement between recipient providing financing said regardless instrument or source such...