Oman plans projects worth $607m

SOME 17 applications for commercial aquaculture projects worth $607.7 million are currently awaiting approval in Oman, reported the Oman Daily Observer. The projects’ average production will be approximately 35,000 tonnes of various species.

Dawood bin Suleiman al Yahya’ee, director of the Aquaculture Development Department at the Ministry of Agriculture and Fisheries, said that applications could be submitted for commercial aquaculture projects, on land and at sea, between August 7 and September 8.

He added that those projects are intended for Omani institutions and companies wishing to establish commercial aquaculture projects.

The Ministry of Agriculture and Fisheries offers several locations allocated for the commercial aquaculture projects in the governorates of Muscat, South Al Sharqiyah and Al Wosta. costs of RAS. Because of faster product cycles and higher turnover, coupled with year-round and stable indoor farming environmental conditions, the projected production is more than 13 times traditional pond culture of penaeid shrimps.

Species have been chosen for their adaptability to the system and their market price, and SIAF is confident in the Chinese market.

The project is located on 600 acres of prime agricultural land in the centre of one of the world’s most highly urbanised regions in Guangdong Province, across the bay from Hong Kong.

A production unit of three buildings is targeted to produce 10,000 tonnes per year. A total of 12 units will be built in a phased construction plan to 2024.