Oman looks to invest billions in fisheries, aquaculture

The Ministry of Agriculture and Fisheries in Oman has a range of seafood and aquaculture projects worth in excess of USD 2 billion (EUR 1.7 billion) under consideration as part of its broader strategy to reduce the country’s dependence on its oil and gas sector. 

Implementation of these projects and others focused on the fishing sector is expected to double the Sultanate's fish harvest over five years, to 500,000 metric tons (MT) per annum by 2020. 

Seafood proje…


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