Sunday, 20 Oct 2019 | 21 Safar 1441
OFIC inks pacts to boost innovation in food industry

OFIC inks pacts to increase innovation in meals market

Eng Saleh bin Mohammed al Shanfari, CEO, OFIC, signed the pacts in the presence of Dr Rashid bin Salim al Masroori, executive president of the Public Authority for Stores and Food Reserve.

Among the 3 agreements signed for preparation of feasibility research final week, the initial a single integrated the feasibility study for the establishment of a meals innovation park/complicated in Oman.

The initial-of-its-type project in the sultanate will be created to concentrate on innovation and improvement in meals market by incorporating new technologies.

Crowe Horwath Oman (Al Ghazali Management &amp Economic Consultants) has been chosen by OFIC to undertake the feasibility study.

The other two agreements integrated feasibility research for the establishment of agriculture production and marketing and advertising business, making an integrated atmosphere serving farmers in the sultanate, as nicely as the feasibility study for a logistics business that will concentrate on exploring possibilities in logistic solutions.

OFIC has commissioned an Omani business, Hail Agriculture to undertake the study for agriculture marketing and advertising business and company consulting firm Frost &amp Sullivan has been tasked with studying the feasibility of creating a logistics business for meals sector in Oman.

OFIC also signed agreements for preliminary building functions in the initial package of Nama Poultry in the wilayat of Ibri, and the initial building functions of Al Bashayir Meat Company in the wilayat of Thumrait in the Governorate of Dhofar.

Eng Shanfari mentioned the agreements consist of laying the foundation stones for the building functions for Nama Poultry and Al Bashayir meat projects. Eng Yaaqoub bin Mansour A’ Ruqaishi, director common of Al Nama Poultry, stressed the significance of the project.

(With inputs from ONA)

Information Source: Muscat Daily

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