The future fund Oman (FFO) under Oman Investment Authority signed a contract with Templewater, a pan Asian alternative asset management company, at the the Belt and Road Summit Forum in Hong Kong on September 11, announcing the establishment of Oman's first energy transformation fund (ETF). The initial scale of the fund is 200 million US dollars, and it will focus on investing in clean molecules, energy storage, electronic fuels, intelligent transportation, renewable energy, and green data centers. It plans to make 5 to 10 investments during its existence and is expected to complete multiple energy storage and intelligent transportation projects in the next 6 to 12 months. The fund adopts a "5+5" model and has currently reserved multiple projects that have entered the due diligence and in-depth negotiation stages.

This cooperation is in line with Oman's Vision 2040, aimed at promoting Oman's energy transformation and economic diversification, and strengthening strategic linkage between Hong Kong, Oman, and the Gulf Cooperation Council region. This signing coincides with the tenth anniversary of the the Belt and Road Summit Forum in Hong Kong, and also echoes the consensus of the meeting between the Chairman of the Oman Investment Authority and the Chief Executive of Hong Kong, Li Jiachao, in August 2025, highlighting the cooperation determination of both sides in clean energy and infrastructure innovation.

The Vice President of Operations at Oman Investment Authority stated that the fund will leverage disruptive technologies to advance sustainable projects and help Oman become a regional hub for renewable energy. Templewater Chairman Zhang Kejian emphasized that this measure reflects the common vision of both sides for a clean energy future, and highlights Hong Kong's role as a "super connector" between mainland China and the Gulf Cooperation Council and even the world.

In addition to capital investment, Templewater will also provide operational and policy support. Its invested companies Wisdom Motor and Hysata have made international progress in hydrogen bus and electrolytic cell technology, and have received multiple investments including FFO.Editor/Yang Beihua