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أثير
23 Oman-China Accords
The Oman Investment Authority, together with Omani and Chinese companies and institutions, signed 23 agreements, cooperation memoranda and partnership deals worth a total of several billion dollars at the Oman-China Forum, held alongside Sultan Haitham bin Tariq’s visit to China. The agreements cover renewable energy, mining, logistics, digital transformation, space and finance. Key deals include an $800 million joint fund with the Silk Road Fund, most of which will be invested in Oman; a $300 million fund with China Merchants Bank; and a $100 million solar-energy partnership and transformer factory. The projects include localizing industries and technologies and transferring knowledge. They include training 1,000 Omani specialists, sponsoring 30 students for postgraduate studies in the space sector, establishing a satellite assembly center and building three distribution warehouses. The agreements also include a ten-year mining contract worth $418.7 million for the Mazoon Copper and Gold project, and assessments of two energy-storage systems, each with a capacity of 500 megawatts. The initiatives aim to attract investment and strengthen priority sectors of Oman’s economy.
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