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Oman Announces Over $240 Million in Food Security Investment Opportunities

Oman Announces Over $240 Million in Food Security Investment Opportunities
Oman has introduced a broad set of food security investment opportunities valued at more than 93.8 million Omani rials (approximately $243 million), targeting growth across agriculture, fisheries, and related industries.

The initiative, led by Invest Oman under the Ministry of Commerce, Industry, and Investment Promotion, in collaboration with the Ministry of Agriculture, Fisheries and Water Resources, aims to strengthen domestic production, improve self-sufficiency, and enhance supply chain resilience. The announcement was reported by Oman News Agency.

Supporting these efforts, Oman has also signed a 2026–2030 Country Programming Framework with the Food and Agriculture Organization of the United Nations. The agreement focuses on building sustainable and resilient agrifood systems across the country.

The investment program prioritizes climate-resilient agriculture, sustainable land and water management, and the empowerment of rural and coastal communities. It also seeks to strengthen institutional frameworks and policies to ensure long-term sector growth.

In agriculture, the opportunities include five projects in the Al-Najd Agricultural Zone. These cover onion cultivation and processing, garlic and melon farming, greenhouse-based leafy vegetable production, and potato farming and processing. The goal is to tap into the region’s agricultural potential while expanding high-value crop production.

The fisheries sector also features five major projects. These include algae farming in Suwaiq, abalone farming in Sharbithat in Dhofar Governorate, and large-scale shrimp farming projects in Ras Madrakah and Jaalan Bani Bu Ali. Additionally, tuna fattening using floating cages is planned in Qurayyat. Together, these projects aim to boost aquaculture and increase the production of high-value marine species.

Complementing these are supporting food industry initiatives, such as a sustainable fish feed manufacturing facility planned in Samail Industrial City. These projects are designed to strengthen value chains and support industries linked to fisheries and food production.

Investment sizes vary widely, from mid-scale projects starting at around 1.6 million rials to large strategic ventures exceeding 32 million rials. This range is intended to attract diverse investors and encourage long-term partnerships.

According to officials, the opportunities leverage Oman’s strengths, including fertile land, abundant marine resources, strategic geographic location, modern infrastructure, and an investment-friendly regulatory environment. Authorities emphasized that the projects are designed with solid technical and economic foundations, aiming to attract high-quality investments that incorporate modern technologies and sustainable practices.

Overall, the initiative reflects Oman’s strategic push to enhance food security, diversify its economy, and position itself as a regional hub for agriculture and aquaculture development.

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