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Sovereign Wealth Funds Briefing - Categorized | Market

Qatar transport signs record ‘bus’-ting Oman deal

Posted on 24 July 2012

Oman Investment Fund (OIF), the sovereign wealth fund of the sultanate, has signed a memorandum of understanding (MoU) with Qatar’s national transport company Mowasalat to set up a bus manufacturing and assembly unit in Oman.
The scope of the MoU covers setting up a facility in Oman for the manufacture and assembly of buses and other vehicles over a site area of almost 100 hectares, reported the Qatar Tribune………………………………………..Full Article: Source

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