The Ministry of Agriculture, Fisheries, and Water Resources (MAFWR) of Oman has signed four agricultural investment agreements worth over $31 million, with the aim of boosting food investments in the country with the use of modern agricultural technologies.
Dr. Saud Hamoud Al Habsi, Minister of Agriculture, Fisheries, and Water Resources, signed the agreements with the investors. During the signing ceremony, the Minister noted that these agreements will enhance the food investment sector in Oman, as it has already witnessed great growth over the past years. This growth is the result of the continuous cooperation between the public and private sectors to make use of investment opportunities in the agricultural and fisheries sectors.
The first agreement signed by the Ministry aims to set up an integrated farm to cultivate vegetables and plants using modern agricultural technologies such as greenhouses. The project will be established in the Wilayat of A’Suwaiq, at a cost of $1.5 million.
Under the project, the Ministry expects to produce 1,500 tons of vegetables and medicinal plants annually. The project will also include establishing modern industries for producing medicines.
The second agreement is the thyme planting project, which will be built in the Wilayat of Al Kamil Wal Wafi. The project aims to establish an integrated farm to produce the local Omani thyme using modern agricultural systems and smart technologies for $893, 494.
The third agreement is for the rabbit breeding project at a cost of $259, 736 to set up a farm in the Wilayat of Sohar. The project is to breed rabbits using horizontal cages to supply the local market with white meat from sources other than poultry.
The fourth agreement is a livestock and fodder cultivation project in the Wilayat of Mahdah. The project aims to expand Omani livestock and other breeds with an intensive breeding system for red meat production to improve the quality of local meat. The project is expected to produce 22,000 tons of meat. It also targets the production of fodder and by-products.
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