Rakiza, Oman’s infrastructure fund, managed by a joint venture fund established by Oman Infrastructure Investment Management and Equitix, has reached financial close on its acquisition of 31.25% stake in Oman International Container Terminal (OICT) from existing shareholders.

OICT is a modern container handling facility situated in the Port of Sohar that is capable of accommodating the latest generation of mega-vessels, and is an integral part of Oman’s economic engine. This transaction constitutes Rakiza’s inaugural investment.

Cranmore Partners is proud to have acted as financial adviser to Rakiza on this transaction.