Silk Road Fund

Overview

The Silk Road Fund is a Chinese state-owned investment fund established to promote economic cooperation and development along the Belt and Road Initiative. It was founded on December 29, 2014, with an initial capital of US$40 billion and ¥100 billion. The fund is jointly sponsored by the State Administration of Foreign Exchange (65%), China Investment Corporation (15%), Export-Import Bank of China (15%), and China Development Bank (5%). Its primary objective is to foster increased investment in countries along the Belt and Road Initiative, focusing on infrastructure, resource development, industrial cooperation, and financial cooperation. The fund's investment strategy is market-oriented, aiming to achieve reasonable financial returns and sustainable development. It primarily engages in equity investments, targeting sectors such as energy, infrastructure, renewable energy, natural resources, transportation, telecommunications, technology, financial services, real estate, construction, manufacturing, agriculture, healthcare, education, and tourism. The fund has been involved in several significant projects, including the construction of the Mombasa-Nairobi Standard Gauge Railway, a US$1.65 billion investment in the Karot Hydropower Project in Pakistan, and the acquisition of a 9.9% stake in the Yamal LNG project in Russia. The Silk Road Fund operates under the supervision of the People's Bank of China and adheres to principles of market-oriented operation, mutual benefit, openness, and inclusiveness. It welcomes participation from domestic and international investors, aiming to promote connectivity and contribute to the realization of the Belt and Road Initiative's objectives. The fund's investments are designed to support the development and prosperity of China and Belt and Road countries and regions, aligning with international economic and financial practices.

Investment Focus

• Market-oriented operation
• International standards
• Professional excellence
• Focus on infrastructure, resource development, industrial and financial cooperation
• Reasonable financial returns
• Sustainable development
• Openness and inclusiveness
• Mutual benefit
• Participation from domestic and international investors

Portfolio Companies