The Oman Investment Authority and China's Silk Road Fund have signed a preliminary term sheet to establish an $800 million joint investment fund. The initiative is part of a 23-agreement bilateral package signed during a state visit to Beijing. Other deals involve China Merchants Bank, IDG Capital, JD.com, Huawei, and industrial projects across logistics, artificial intelligence, and energy.
The Oman Investment Authority established a series of joint investment funds worth billions of dollars with Chinese institutions during a state visit to Beijing. The vehicles include an $800 million fund with the Silk Road Fund and co-investments focusing on technology and Omani projects. Bilateral central bank agreements on currency swaps and digital currencies were also executed.
The Oman Investment Authority signed a preliminary term sheet with China's Silk Road Fund to establish an $800 million joint investment fund during Sultan Haitham bin Tarik's state visit to Beijing. The deal is part of a 23-agreement package covering finance, logistics, artificial intelligence, solar energy, and mining. Other agreements involve China Merchants Bank, IDG Capital, JD.com, Huawei, and Hongda International.
Oman and China signed 23 investment agreements and cooperation partnerships in Beijing, including two joint funds capitalized at a combined 1.1 billion US dollars. The agreements span renewable energy, mining, logistics, space technology, energy storage, and digital infrastructure across Oman and regional Gulf markets. The signings occurred during the Oman-China Investment Partnership Horizons Forum alongside His Majesty Sultan Haitham bin Tarik's state visit.
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