The Oman Future Fund (FFO) delegation of Oman Investment Bureau visited several cities in China during the recent the Belt and Road Summit Forum, aiming to tap the cooperation potential in high-tech and manufacturing fields. This inspection lasted for several weeks and covered five cities. FFO Senior Manager Rashid Hashemi led a team to have in-depth exchanges with several leading Chinese companies, covering industries such as semiconductors, electric vehicles, venture capital, and project financing.
The delegation visited China Electronics Information Industry Group (with an annual revenue of 9.5 billion US dollars and business coverage in servers, semiconductors, and artificial intelligence), Ubiquitous Robotics, Shenzhen Venture Capital (with assets under management exceeding 60 billion US dollars), and electric vehicle company U-Power. They also visited the Export Import Bank of China to engage in strategic dialogue on project financing cooperation. In addition, the team held a high-level meeting with the acting governor of Guangdong Province to explore opportunities for industrial and capital cooperation between Oman and the Guangdong Hong Kong Macao Greater Bay Area.
Hashemi emphasized that the Oman Future Fund is an important gateway to the diversification of Oman's industry, relying on the Oman Vision 2040 and world-class infrastructure to assist Chinese companies in entering the markets of the Gulf Cooperation Council, Africa, and the United States. FFO is preparing to receive a Chinese visiting delegation to promote research and development cooperation and capital docking.
The fund was established with the support of the Ministry of Finance, with a total capital of 5.2 billion US dollars, to be disbursed over five years (2024-2028). In November 2025, the fund has approved the first batch of investment projects worth over 2 billion US dollars, including 1.6 billion US dollars from foreign investment and 571 million US dollars from FFO, covering ten major industries including technology, manufacturing, tourism, renewable energy, and electric vehicles. Small and medium-sized enterprises and startups have also received support in the fields of food, healthcare, financial technology, and e-commerce. Editor/Yang Beihua
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