(MENAFN - Muscat Daily) Muscat- The Ministry of Agriculture and Fisheries (MoAF) has signed contracts worth over RO48mn with 26 investors in the food sector. This is part of its plan to bolster food security in the country.
Speaking to Muscat Daily, Eng Ibrahim Yaqoub Nasser al Nuamani, director of Monitoring and Evaluation Department, MoAF said, 'We have signed contracts with 26 investors worth around RO48mn in the field of food investment at the Agricultural and Fisheries Investment Forum 2019.' H E Dr Fuad bin Ja'afar bin Mohammed al Sajwani, Minister of Agriculture and Fisheries signed an agreement with Al Madina Real Estate Company to develop the fishing port in Taqah at a cost of RO40mn.
As master developer, Al Madina will develop it as a mixed-use property, adding tourist elements such as restaurants and a boulevard to the fish harbour. In addition to a commercial complex, there will be a fisheries industrial zone anchored by a fishing boat manufacturing factory designed in line with the ministry's strategy to develop traditional fishing.
H E Dr Sajwani also signed an agreement worth RO1.2mn with the Regional Trade Line Company for management of the Central Phytosanitary Laboratory in the Rumais area in Barka.
H E Dr Hamad bin Said al Oufi, Undersecretary in MoAF signed three pacts for the establishment and operation of fish markets in Mudhaibi and Jalaan Bani Bu Ali at a cost of RO800,000 each. 'The third agreement includes investment, rehabilitation and management of the fish retail building in Sur at a cost of RO150,000,' said Eng Nuamani.
H E Dr Ahmed bin Nasser al Bakri, Undersecretary for Agriculture in MoAF also signed three agreements in the field of agriculture. 'The first agreement includes the establishment, management and operation of a veterinary quarantine project in Mahas area in Khasab in Musandam governorate at a cost of RO545,000. The other two agreements comprise integrated agriculture projects - one in the wilayat of Al Kamil W'Al Wafi and the other in Wadi Heiba in North Batinah governorate at a cost of about RO5.2mn,' said Eng Nuamani.
Talking about the objectives of the agreements, he said, 'We are encouraging the private sector to invest in services supporting the fisheries sector and provide employment opportunities to Omani youths. The pacts will help MoAF to develop its service capabilities. The projects will be implemented in the second quarter of this year.'