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Oman: A 51 Million Rial Agreement for Shrimp Farming Project in Al Wusta Governorate
Economy

Oman: A 51 Million Rial Agreement for Shrimp Farming Project in Al Wusta Governorate

منبع تصویر: timesofoman.com

By Khalij News Agency Editorial 2 min Read time 0

The Ministry of Agriculture, Fisheries and Water Resources of Oman has signed a 51 million Omani Rial agreement with Mukka Proteins Limited for the implementation of a white shrimp farming project in the Mahout district of Al Wusta Governorate. This project is planned to enhance food security and develop the aquaculture sector in the Sultanate of Oman.

Details of the Shrimp Farming Project

The aforementioned agreement was signed by Dr. Saud bin Hamoud Al Habsi, Minister of Agriculture, Fisheries and Water Resources, and Mohammed Haris Kalanadan, CEO of Mukka Proteins Limited. This project will focus on commercial shrimp production to meet local market needs and facilitate exports to global markets. Additionally, this initiative will help preserve natural fish stocks.

Advanced Technology and Production Capacity

This project, considered a pioneering effort in the Sultanate of Oman, utilizes a Recirculating Aquaculture System (RAS). The focus of this initiative is on producing high-quality shrimp, increasing the added value potential of Omani seafood products, and promoting the marketing of this product locally, regionally, and internationally.

The investment made in this project is estimated to exceed 51 million Omani Rials. It is anticipated that this project will achieve an annual production capacity of approximately 30,000 tons of white shrimp. This initiative is part of the ongoing efforts of the Ministry of Agriculture to promote high-quality investments in the aquaculture sector, support sustainable economic development, and diversify national income sources.

Source: timesofoman.com