Silk Road Fund Establishes Energy Infrastructure Co-Investment Platform with General Electric
Date: 10 November 2017

In November 2017, Silk Road Fund entered into a Cooperation Agreement to set up an energy infrastructure co-investment platform with GE Energy Financial Services, a subsidiary of General Electric (GE). The two companies will work together through the platform to invest in power, oil and gas, and renewable sectors in wide areas including the Belt and Road countries and regions.

The initiative between Silk Road Fund and GE aims to advance China – U.S. industrial cooperation, in particular the high-end manufacturing sectors, and to promote trade and business activities between the two countries. It further seeks to promote the economic development of the destination countries by exploiting comparative advantages of both Chinese and U.S. companies.