However, as has been indicated previously by many other BRICS colleagues, one of the objectives of the NDB is to promote South–South co-operation and to better serve the needs of developing countries through the promotion of infrastructure and sustainable development.
Against this background, the NDB should rather be seen as a complement to, rather than a challenge or as competition to existing Bretton Woods institutions. In the future, the World Bank and the NDB may look to co-operate and by so doing, enhance the international development financing system. The NDB is well under way in mobilising resources for infrastructure development projects.