OMAN INVESTMENT AUTHORITY SIGNS LARGEST-EVER INVESTMENT PACKAGE WITH CHINESE PARTNERS DURING HISTORIC STATE VISIT

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MUSCAT, Oman, Nov. 13, 2026 /PRNewswire/ -- Oman Investment Authority (OIA), the Sultanate of Oman's sovereign wealth fund, signed its largest-ever package of investment agreements in a single day with Chinese institutions and companies, worth billions of dollars, during the state visit of His Majesty Sultan Haitham bin Tarik to China, the first visit by an Omani Sultan to the country.

Multi-billion-dollar agreements span investment, energy, mining, logistics, technology and space, with most projects planned for Oman

MUSCAT, Oman, Nov. 13, 2026 /PRNewswire/ -- Oman Investment Authority (OIA), the Sultanate of Oman's sovereign wealth fund, signed its largest-ever package of investment agreements in a single day with Chinese institutions and companies, worth billions of dollars, during the state visit of His Majesty Sultan Haitham bin Tarik to China, the first visit by an Omani Sultan to the country.

The agreements span various sectors, including renewable energy, mining, logistics, digital technology, space and financial services, marking a shift in Oman–China economic relations from traditional trade towards joint investment, industrial localization, technology transfer and long-term capital partnerships.

OIA signed an agreement with China's Silk Road Fund for a USD 800 million joint fund, with the majority of capital to be invested in Oman, alongside a further USD 300 million fund with China Merchants Bank. Partnerships with IDG Capital, Templewater and EW Partners represent another USD 735 million, targeting clean energy, digital technology, smart manufacturing and utilities.

The package also includes major infrastructure and industrial projects. Nama Holding and State Grid International Development will cooperate on approximately USD 1 billion of battery energy storage with a combined capacity of 1 gigawatt.

Abdulsalam Al Murshidi, President of OIA, emphasized the agreements reflect the evolution of Oman–China relations from trade towards investment partnerships supporting economic diversification, future industries, job creation and knowledge transfer. Most projects are planned for Oman, bringing capital, technology, manufacturing and specialized capabilities into the country while connecting Omani businesses with Chinese and international production, distribution and investment networks.

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