According to the AIIB, the objective of the project is to mobilize private sector capital into the development of new infrastructure and improve the efficiency of existing infrastructure assets in Oman and Saudi Arabia.
Rakiza Fund I is an infrastructure fund jointly managed by Oman Infrastructure Investment Manager and Equitix with a focus on both brownfield and greenfield infrastructure investments in Oman and Saudi Arabia. The Fund will target assets in the following areas: telecom/digital, transportation, renewable energy, waste management, regulated utilities, social infrastructure, and logistics.
Rakiza Fund I information profile mentions oil and gas as among its target sectors.
The Razika Fund I is managed by the Oman Infrastructure Investment Management (OIIM) and Equitix.
As stated on the Razika Fund's website, OIIM is a specialist infrastructure manager, with strong network, capabilities, and track record. OIIM is a closed joint stock company registered with the Ministry of Commerce and Industry of the Sultanate of Oman. OIIM is also registered with, and regulated by, the Capital Market Authority of the Sultanate of Oman as an investment manager.
Equitix is a leading investor, developer and fund manager of core infrastructure assets in the UK and Europe.
AIIB Team Leader:
Dominic Richards - Senior Investment Officer
Financial Intermediary - Razika Fund:
Jad Shams - Director, Investor Relations
Email: email@example.com / firstname.lastname@example.org
Address: P.O Box 314, PC 103, Shatti Al Qurum, Beach One Building, Muscat, Sultanate of Oman
Phone: + 968 24968600
ACCESS TO INFORMATION
You can submit an information request for project information at: https://www.aiib.org/en/contact/information-request/index.html
ACCOUNTABILITY MECHANISM OF AIIB
The AIIB has established the Accountability Mechanism for Project-Affected People (PPM). The PPM provides Òan opportunity for an independent and impartial review of submissions from Project-affected people who believe they have been or are likely to be adversely affected by AIIBÕs failure to implement the ESP in situations when their concerns cannot be addressed satisfactorily through Project level GRMs or AIIB Management processes.Ó Two or more project-affected people can file a complaint. Under the current AIIB policy, when the bank co-finances a project with another development bank, it may apply the other bank's standards. You can refer to the Project Summary Information document to find out which standards apply. You can learn more about the PPM and how to file a complaint at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/how-we-assist-you/index.html
The complaint submission form can be accessed in Arabic, Bahasa Indonesia, Bengali, Chinese, English, Tagalog, Hindi, Nepali, Russian, Turkish, or Urdu. The submission form can be found at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/submission/index.html