Oman aims to capitalize on aquaculture prospects

In a determined bid to make aquaculture a growing and vibrant food production sector, Dr. Fuad bin Ja'afar Al Sajwani, minister of Agriculture and Fisheries Wealth called upon investors to exploit the huge potential available in the aquaculture and integrated farming sector of Oman.

He said the bylaws (regulatory framework) for aquaculture farming are now in place and we would be calling for investments in aquaculture fisheries through media from next week.

Fuad bin Ja'afar al Sajwani said, “We are exploiting the available investment opportunities through locations dedicated for fish farming along the Omani coast as well as maritime locations. We are expecting local and foreign investments of about $100 million during the first round of announcement about the investment opportunities.”

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