Hong Kong-based private equity firm Templewater is focusing on investment opportunities in the real estate, energy transition, and healthcare sectors of Central Asia. The company aims to serve as a “superconnector,” facilitating capital flow from the Middle East to these emerging markets.
According to Templewater’s chairman, Cliff Zhang Kun, businesses must diversify their investments and move away from traditional Western markets towards emerging economies, given increasing geopolitical volatility.
Zhang, who is set to join a delegation led by Chief Executive John Lee Ka-chiu to Kazakhstan and Uzbekistan next month, anticipates announcing several collaboration projects with Central Asian companies during the trip.
While some of these projects may involve capital from the Middle East, further details remain undisclosed.
Zhang noted that although Central Asia trails the Middle East in development, the region presents substantial potential for investment in infrastructure and technology.
“Typically, when a country or economy grows, it is properties that first face increased demand,” Zhang said, citing residential, commercial, hospitality, and retail projects as examples.