Deputy Chairman of CBO board meets AIIB president

February 19, 2019

Muscat: Sultan Salim Al Habsi, the Deputy Chairman of Central Bank of Oman's (CBO) Board of Governors, on Wednesday morning, met Jin Liqun, the President of the Asian Infrastructure Investment Bank (AIIB), who is currently visiting the Sultanate.



During the meeting, the two parties discussed matters of mutual interest, including the role of the AIIB in funding investment and development projects in the country. They also discussed several issues relating to the contribution of AIIB to the ongoing and upcoming projects in Oman.

Liqun, who commended the Sultanate’s vision and efforts to achieve inclusive development, felt that the Sultanate’s initiatives have widened the scope of investments across various fields, and said he was keen and looking forward to undertaking joint collaborations.

Others who attended the meeting included Abdulsalam Mohammed Al Murshidi, the Executive President of the State General Reserve Fund (SGRF); Tahir Salim Al Amri, Executive President of CBO; and Muneer Ali Al Muneri, the Executive President of Rakeeza Investment Fund.

AIIB was founded in October 2014 in the capital city of China, Beijing. A multilateral development bank, AIIB aims to support the building of infrastructure in the Asia-Pacific region by investing in sustainable infrastructure and other productive sectors, including all the energy sectors except coal and oil industries.

In addition, the bank also funds transportation, infrastructure, water supply plumbing, sewage, environment projects, and logistics services.

Timesofoman