Sultanate of Oman, governorate of Ash Sharqiyah, the port of Su.
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The Ministry of Commerce, Industry, and Investment Promotion of Oman (MoCIIP) has announced a new package of measures amounting to OMR 93.8 million (approximately EUR 207 million) for food security, leveraging the Sultanate of Oman's natural and productive resources.
This initiative, supported by Invest Oman and carried out in cooperation with the Ministry of Agriculture, Fisheries, and Water Resources of Oman, encompasses projects in agriculture, aquaculture, and related industries that will enhance self-sufficiency.
In the fisheries sector, five key projects stand out: an algae cultivation project in Al Suwaiq; Omani abalone aquaculture in Sharabithat, Dhofar Governorate; giant shrimp farming in Ras Madrakah; white-leg shrimp farming in Jalan Bani Bu Ali; and a tuna fattening project using floating cages in Quriyat.
Additionally, the package includes support for the development of a sustainable alternative fish feed production facility in the Samail Industrial Area, further enhancing value chain integration.
"These opportunities have been designed following an integrated approach that transforms enabling factors into investment-ready projects with clear technical and economic foundations," said Khalid bin Hamad Al Kharousi, Director General of the Investment Promotion Directorate at the MoCIIP.
Furthermore, Dr. Masoud bin Suleiman Al Azri, spokesperson for the Ministry of Agriculture, Fisheries and Water Resources, noted that "these initiatives are based on specialized technical studies that take into account the comparative advantages of each location and prioritize key sectors within the food security system."
The country is currently working toward the goals of Oman Vision 2040, which aims to make food security a key part of economic diversification by increasing local production, developing related industries, and improving supply chains.
