Sunday, 20 Oct 2019 | 21 Safar 1441
MoAF signs pacts worth over RO48mn

MoAF indicators pacts worth more than RO48mn

Speaking to Muscat Daily, Eng Ibrahim Yaqoub Nasser al Nuamani, director of Monitoring and Evaluation Department, MoAF mentioned, “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 create the fishing port in Taqah at a price of RO40mn.

As master developer, Al Madina will create it as a mixed-use home, adding tourist components such as restaurants and a boulevard to the fish harbour. In addition to a industrial complicated, there will be a fisheries industrial zone anchored by a fishing boat manufacturing factory created in line with the ministry’s technique to create standard 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 location in Barka.

H E Dr Hamad bin Said al Oufi, Undersecretary in MoAF signed 3 pacts for the establishment and operation of fish markets in Mudhaibi and Jalaan Bani Bu Ali at a price of RO800,000 each and every. “The third agreement includes investment, rehabilitation and management of the fish retail building in Sur at a cost of RO150,000,” mentioned Eng Nuamani.

H E Dr Ahmed bin Nasser al Bakri, Undersecretary for Agriculture in MoAF also signed 3 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,” mentioned Eng Nuamani.

Talking about the objectives of the agreements, he mentioned, “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.”

Information Source: Muscat Daily

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