Oman Fisheries Co SAOG, the Sultanate’s largest fisheries firm, plans to establish a network of 60 retail outlets across the country to help boost the availability of frozen fish for domestic consumption.
The first 10 outlets are proposed to be launched during the current quarter, with the remainder rolled out over the next three years, according to high-ranking officials of the joint stock company.
The move is also part of a wider effort by Oman Fisheries to support the government’s food security strategy, said Mohammed bin Hamad al Masrouri, Chairman, and Abdul Amir bin Said bin Mohammed, Chairman of the Internal Audit Committee, in a joint report on the company’s financial performance for the nine months ended on 31 December, 2012.
“As part of our support to the Government’s initiative on food security and to make available fish across the Sultanate of Oman, we had taken number of steps. In order to keep fish prices under control during the off season and during Ramadhan, we have reserved a stock of 2,000 metric tons (MT) for local consumption.
“We had also made a strategic plan to cover all the regions of the Sultanate. We had started a number of routes for the company’s salesmen to sell fish. Further, for the long-term, we have planned to open 60 fish shops in next three years in order to satisfy local demand. Ten shops will be fully functional by the end of the 4th quarter,” the officials said in the Directors’ Report issued here yesterday.
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