Launch of "One Belt One Road" Mining Industry Development Fund

On 9 June 2015, the first private equity fund focusing on the "Belt and Road" mineral resources and related industries — Belt and Road Mining Industry Development Fund— was officially launched in Beijing. The fund aims to raise 10 billion Yuan with fundraising completed by the end of 2015.

The fund mainly invests in high-quality mineral resources, infrastructure and related industrial chains along the Belt and Road. The total investment of each project should be less than 200 million Yuan, and the operation time should be less than 3 years.

The projects are mainly distributed in the countries along the "Silk Road Economic Belt", especially in Kazakhstan, Kyrgyzstan and Tajikistan. The fund has set up projects over gold, silver, copper, lead-zinc, aluminium, iron ore, coal, natural gas, oil and other resources.

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