Samiksha Jaiswal (Editor)

Silk Road Fund

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Industry
  
Investment Management

Founded
  
2014

Silk Road Fund wwwcpecinfocomimagesafflogosilkroadfundpng

Headquarters
  
2/F Tower B, Winland IFC, 7 Financial Street, Beijing

Key people
  
Jin Qi (CEO) Wang Yanzhi (Executive Director and President) Yang Zejun (Chairman of the Board of Supervisors)

Website
  
www.silkroadfund.com.cn

Type of business
  
State backed investment fund

Owners
  
State Administration of Foreign Exchange, Exim Bank of China, China Investment Corporation, China Development Bank

Cambodian pm reiterates support for china initiated aiib silk road fund


The Silk Road Fund is a state owned investment fund of the Chinese government to foster increased investment in countries along the One Belt, One Road, an economic development initiative primarily covering Eurasia. The Chinese government pledged US$40 billion for the creation of the investment fund established on December 29, 2014.

Contents

Silk road fund aims to achieve common development prosperity


Investments

  • Part of the initial fund was invested in the construction of a modern standard-gauge rail link between Nairobi and Mombasa.
  • US$1.65-billion investment in the Karot hydropower project and other hydropower projects in the region as part of the China-Pakistan Economic Corridor
  • Acquisition of 9.9% of Yamal LNG project, a liquefied natural gas project in Sabetta, located north-east of the Yamal Peninsula, from Novatek

    • References

    Silk Road Fund Wikipedia
    (Text) CC BY-SA