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Oman to launch two China-linked funds to boost Central Asia ties, sovereign wealth official says

These moves come as Oman pursues economic diversification under Vision 2040.

Muscat, Oman
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Oman is preparing two investment platforms, one focused on Central Asia with a Chinese partner as a limited partner, a senior official at Oman Investment Authority said, Zawya reported.

Ibrahim Al-Eisri, Chief Investment Officer – Private Markets at OIA, speaking at the 10th Belt and Road Summit in Hong Kong, said Oman has already co-founded three investment funds with Chinese entities in Oman worth about $700 million. He announced a larger, unnamed platform will be launched soon, and said the Central Asia fund will link Oman, China and countries in Central Asia. He declined to give further financial details.

OIA has operated in Central Asia for about 15 years. One example is the Uzbek-Oman Investment Company, established in 2010, which invests across sectors including infrastructure, real estate, logistics, financial services and retail in Uzbekistan.

Oman is also expanding its China ties more broadly. Foreign direct investment from China into Oman rose from OMR 627 million in 2022 to OMR 1.1 billion in 2023, and then to OMR 1.3 billion in 2024.

In July 2025, Oman Investment Authority’s Future Fund Oman and China-based asset manager Templewater launched a $200 million Energy Transition Fund, with equal capital contributions from each. The fund targets projects in renewable energy, green data centres, clean molecules, and smart mobility.