Oman has announced a portfolio of 11 food security investment opportunities valued at over $243 million, targeting key projects in agriculture and fisheries. The initiative, led by Invest Oman in partnership with the Ministry of Agriculture, Fisheries and Water Resources, aims to bolster the Sultanate’s self-sufficiency and expand its food production capabilities.
Quick Facts
- Total Investment Value: Over $243 million
- Number of Projects: 11 distinct opportunities
- Key Sectors: Agriculture and high-value aquaculture
A Detailed Look at the Project Pipeline
The investment opportunities are spread across Oman’s key production zones, offering a mix of mid-scale and large strategic ventures for potential investors.
In the agricultural sector, five projects are planned for the Al Najd Agricultural Zone. These include onion cultivation and processing ($12.5 million), garlic farming ($6 million), melon cultivation ($5.5 million), greenhouse-based vegetable production ($4.2 million), and a potato farming and processing facility valued at $14.3 million.
The fisheries sector features five high-value projects designed to leverage Oman’s marine resources. The largest among them is an $83 million large-scale shrimp farming operation in Ras Madrakah, followed by a $65 million white-leg shrimp farm in Jaalan Bani Bu Ali. Other identified projects include abalone farming in Dhofar ($26 million), tuna fattening in floating cages near Qurayyat ($12.2 million), and algae farming in Suwaiq ($5.2 million).
A supporting project for a sustainable fish feed manufacturing facility in Samail Industrial City, valued at approximately $9.9 million, is also included to enhance vertical integration within the aquaculture value chain.
Strategic Push for Self-Sufficiency
This move is a core component of Oman’s national strategy to improve food security, ensure resource sustainability, and increase the economic contribution of its production sectors, aligning with the country’s Vision 2040 framework. The initiative is also supported by international collaborations, including the Country Programming Framework signed with the UN’s Food and Agriculture Organization for 2026-2030.
Khalid bin Hamed Al Kharusi, Director General of Investment Promotion at the Ministry of Commerce, Industry and Investment Promotion, noted that the projects were designed to be investment-ready with clear technical and economic models.
He added that the initiative reflects a shift toward attracting quality investments driven by advanced technologies and sustainable practices, while strengthening related industries and enhancing Oman’s position as a regional hub for food security and aquaculture.
About Invest Oman
Invest Oman is the national investment promotion and facilitation authority of the Sultanate of Oman. Operating under the Ministry of Commerce, Industry and Investment Promotion, its primary mission is to attract foreign direct investment by showcasing opportunities, simplifying investment processes, and providing support to investors across various strategic sectors.
Source: Fast Company Middle East
