China and Middle East Establish Investment Fund for Central Asia

China, Oman, Turkey, and Uzbekistan are launching the CACPEF fund to invest in companies in Central Asia and the Caucasus. Participants include China Investment Corporation, Oman Investment Authority, Uzbekistan's Fund for Reconstruction and Development, Turkey's OYAK, and the Eurasian Development Bank. The fund aims to provide businesses with access to technology, expertise, and new markets, strengthening regional economic ties.

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