Muscat: The Ministry of Agriculture, Fisheries, and Water Resources signed four agricultural investment agreements worth over RO 12 million. Dr Saud Hamoud Al Habsi, Minister of Agriculture, Fisheries, and Water Resources, signed the agreements with investors at the ministry on Thursday
He noted that these agreements will enhance investment in food sector in the Sultanate of Oman, as it has already witnessed great growth over the past years. He added that this growth is the result of the continuous cooperation between the public and private sectors to utilize investment opportunities in the agricultural and fisheries sectors.
The first agreement is to establish an integrated farm to produce vegetables and plants using modern agricultural technologies such as greenhouses. This project will be established in the Wilayat of A’Suwaiq, at a cost of RO 600,000 on an area of 50 feddan. The estimated production is 1,500 tonnes 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 on an area of 10 feddan in the Wilayat of Al Kamil wa Al Wafi. The project is to establish an integrated farm to produce the local Omani thyme using modern agricultural systems and smart technologies at a cost of RO 344,000.
The third agreement is the rabbit breeding project at a cost of RO 100,000 to establish a farm on an area of 3 feddan in the Wilayat of Suhar. The project by Sallan Industrial Investment Company will breed rabbits in cages to supply the local market with white meat rich in proteins and fibres from sources other than poultry. The annual production is expected to reach 14,400 rabbits.
The fourth agreement is a livestock and fodder cultivation project in the Wilayat of Mahdah. The project aims to raise and fatten livestock and other breeds with an intensive breeding system for red meat production. The project is expected to produce 22,000 tonnes of meat. It also targets the production of fodder and by-products. This project, worth RO 11,387,000, will be on an area of 574 feddan. — ONA
