Rakiza Infrastructure Fund open to partnerships with equity investors

Oman Infrastructure Fund (Rakiza), set up by the State General Reserve Fund (SGRF) last year, has invited international financial investors to partner with it in the implementation of infrastructure projects across a number of strategic sectors in the Sultanate.

Rakiza’s Chief Executive Officer, Muneer al Muneeri (pictured), said the Fund — the first of its kind in the Sultanate — has been uniquely structured to enable foreign equity investors to explore opportunities in Oman’s infrastructure “growth story”.

“Rakiza has a unique sort of proposition — a fund structure that allows equity investors to come along with us in investing in the opportunities that we have in the country,” said Al Muneeri.

“Today, we have a list of projects

PRIVATISATION: RENEWABLES, OIL & GAS, SOCIAL INFRASTRUCTURE, POWER & WATER, TELECOM, TRANSPORT & LOGISTICS, AND ENVIRONMENT AMONG STRATEGIC INVESTMENT AREAS IDENTIFIED BY SGRF SPONSORED FUND

that becoming more mature for investors to come on board, and we think for financial investors, it’s always best to do it through funds.”

Speaking at the annual meeting of the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP), which opened at Sheraton Oman Hotel yesterday, Al Muneeri said Rakiza was an ideal partner for prospective equity investors looking at infrastructure options in the Sultanate. PAGE 15