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Oman's sovereign wealth fund is planning to start a $1 billion infrastructure fund to boost investment in projects including the Gulf state's road, transport and energy systems, according to people familiar with the matter. The State General Reserve Fund is talking to international banks and potential investors for the financing, the people said, asking not to be identified because the information is private. The projects in which the funds will be deployed have not been finalized, they said. Oman's capital market authority introduced regulations for real estate investment funds at the start of this year in a bid to stimulate the property sector.
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