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USD1B infrastructure fund to launch in Oman
(MENAFN) Oman's sovereign wealth fund is planning to start a USD1 billion infrastructure fund to boost investment in projects including the Gulf state's road, transport and energy systems, said a report.
The projects, in which the funds will be deployed, have not been finalized, the State General Reserve Fund is talking to international banks and potential investors for the financing.
The country is turning to public-private partnerships to plug gaps in its infrastructure program, which is being hindered by tighter government finances, said the report.
The projects, in which the funds will be deployed, have not been finalized, the State General Reserve Fund is talking to international banks and potential investors for the financing.
The country is turning to public-private partnerships to plug gaps in its infrastructure program, which is being hindered by tighter government finances, said the report.
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