UAE-China Joint Investment Cooperation Fund

UAE-China Joint Investment Cooperation Fund
Company typeBilateral investment cooperation fund
IndustryInvestment Management
Founded2015 (2015)
HeadquartersAbu Dhabi, United Arab Emirates
Key people
Sheikh Mansour bin Zayed Al Nahyan (UAE Co-Chair)
OwnerGovernment of the United Arab Emirates and Government of China

The UAE-China Joint Investment Cooperation Fund is a bilateral investment cooperation fund established by the governments of the United Arab Emirates and China to facilitate strategic investment and joint projects between the two countries.

History

The fund was jointly established by the UAE Ministry of Finance and China Development Bank Capital in 2015, with an initial capitalization of US$10 billion, equally provided by both governments. It operates under a framework to encourage co-investment in strategic sectors aligned with both governments’ development priorities.[1][2]

Prior to the formal establishment of the UAE-China Joint Investment Cooperation Fund, Abu Dhabi investors engaged in China-focused investment initiatives that faced challenges. Notably, a 2017 report by Caixin Global described how fugitive Chinese businessman Guo Wengui raised US$3 billion from Abu Dhabi investors for the ACA Investment Fund, much of which was ultimately lost due to failed investments and mismanagement.[3]

Investments

The fund is designed to support investments in energy, infrastructure, advanced industry, and emerging technology sectors. In 2025, a high-level UAE-China Investment Cooperation Committee was formed to oversee and coordinate investments under the fund and to identify strategic joint projects.[4]

References

  1. ^ "UAE, China to set up $10 bln joint strategic investment fund". Reuters. December 14, 2015. Retrieved March 3, 2026.
  2. ^ "UAE, China renew bilateral investment fund to boost strategic projects". Gulf Time. April 21, 2025. Retrieved March 3, 2026.
  3. ^ Wang Duan; Li Zengxin; Yu Ning; Cui Xiankang; Han Wei (July 29, 2017). "How Fugitive Billionaire Guo Wengui Lured Abu Dhabi Investors Into the Mire". Caixin Global. Retrieved March 3, 2026.
  4. ^ "First UAE-China investment committee meeting highlights cooperation". Ministry of Foreign Affairs of China. April 29, 2025. Retrieved March 3, 2026.