Key Takeaways
- Oman has launched investment opportunities worth more than RO93 million (about $240M) across 11 food security projects through the Invest Oman platform.
- The portfolio was developed jointly by MoCIIP and MAFWR.
- Five agricultural projects in Al Najd Agricultural City cover onion, garlic, melon, leafy vegetable, and potato production.
- Aquaculture projects represent the largest share, led by a RO32 million shrimp project in Ras Madrakah and a RO25 million white-leg shrimp project in Jalan Bani Bu Ali.
- Additional projects include abalone, algae, and tuna aquaculture, plus a sustainable fish feed manufacturing plant in Samail Industrial Area.
Oman Launches RO93 Million Food Security Investment Portfolio
The Omani government has unveiled 11 investment-ready food security projects worth more than RO93 million (about $240M) through the Invest Oman platform, developed jointly by the Ministry of Commerce, Industry and Investment Promotion (MoCIIP) and the Ministry of Agriculture, Fisheries and Water Resources (MAFWR). The portfolio spans agriculture, aquaculture, and supporting food industries, targeting food self-sufficiency, value-added production, and strategic supply chain investment.
Five Agricultural Projects Anchor Al Najd Agricultural City
In the agricultural sector, five projects are located in Al Najd Agricultural City: onion cultivation and processing (RO4.8 million), garlic cultivation (RO2.3 million), melon cultivation (RO2 million), a greenhouse leafy vegetable project (RO1.6 million), and a potato cultivation and processing project (RO5.5 million).
Aquaculture Dominates Portfolio With Shrimp, Abalone, Algae and Tuna Projects
The aquaculture sector leads the portfolio. A shrimp aquaculture facility in Ras Madrakah is valued at approximately RO32 million, and a white-leg shrimp project in Jalan Bani Bu Ali is estimated at RO25 million. An Omani abalone venture in Sharabithat, Dhofar is valued at around RO10 million, while an algae aquaculture project in Suwaiq is worth RO2 million and a tuna fattening project in Quriyat is estimated at RO4.7 million. A sustainable alternative fish feed manufacturing plant in Samail Industrial Area valued at RO3 million completes the portfolio.
Oman Targets Self-Sufficiency and Export Growth Through Integrated Investment
Khalid bin Hamad Al Kharousi, Director General of the Investment Promotion Directorate at MoCIIP, said the projects were designed to convert sector enablers into investment-ready opportunities with defined technical and economic parameters, with a focus on production, manufacturing, and logistics value chains that build self-sufficiency, expand exports, and create sustainable employment.
Dr Masoud bin Suleiman Al Azri, Director General of Agricultural and Fisheries Marketing at MAFWR, said the opportunities are grounded in technical studies accounting for the comparative advantages of each location, with active promotion planned in target investor markets.
