The Al-Harthy Bastion Commonwealth Development Fund announces new cross-border investment frameworks to support deeper economic ties among GCC, ASEAN, and Commonwealth markets.
MUSCAT, Oman – The Al-Harthy Bastion Commonwealth Development Fund (ABCD Fund), a joint collaborative initiative between the Al-Harthy Development & Investment Group (AHDI) of Oman and the Bastion Commonwealth Investment Bank (BCIB), today announced a strategic expansion programme to accelerate sustainable development, institutional investment, and cross-border economic integration across the GCC, ASEAN, and the People’s Commonwealth (TPC).
The Fund mobilises institutional-grade capital into high-impact sectors including sustainable infrastructure, clean and hydrogen energy, smart cities, logistics connectivity, food and resource security, digital finance, and inclusive economic participation. Its governance framework integrates global compliance standards, ESG principles, and financial transparency consistent with sovereign and institutional requirements.
Senior Leadership
The ABCD Fund collaboration is led by:
– Hon. Sheikh Abdul Rahman Al-Harthy, Chairman, AHDI
– YC Ma, Chief Executive Officer, AHDI
– Hon. C.K. Low, Founder & Group Managing Director, BCIB
– Dr. Chutamas Vongvorakit, Co-Founder & Group CFO, BCIB
Leadership Statements
Hon. Sheikh Abdul Rahman Al-Harthy, Chairman of AHDI, stated:
“The ABCD Fund reflects our commitment to responsible development and long-term regional cooperation. This collaborative platform will support shared prosperity across the GCC, ASEAN, and Commonwealth economies.”
Hon. C.K. Low, Founder & Group Managing Director of BCIB, added:
“Our objective is to establish a resilient, future-focused investment platform that accelerates cross-border transformation. The Fund is built on strong governance, strategic alignment, and institutional financial engineering.”
The ABCD Fund aims to work closely with sovereign funds, development agencies, PPP structures, cooperatives, and ESG-focused institutional investors. Its long-term roadmap aligns with Oman Vision 2040, Saudi Vision 2030, UAE Centennial 2071, and complementary national transformation frameworks across ASEAN and TPC economies.
For more information, please contact:
Corporate Affairs Office
Joint Venture Secretariat
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About the ABCD Fund
The Al-Harthy Bastion Commonwealth Development Fund (ABCD Fund) is a collaborative development initiative between the Al-Harthy Development & Investment Group (AHDI) and the Bastion Commonwealth Investment Bank (BCIB).
The Fund strengthens GCC–ASEAN–Commonwealth economic connectivity by jointly supporting sustainable development programmes, long-term capital mobilisation, and strategic cross-border partnerships.
As a collaboration, the ABCD Fund leverages the combined expertise, networks, and development priorities of both AHDI and BCIB to deliver high-impact regional projects that advance shared prosperity and economic transformation.
