Shrimp Farm Project Launch in Shinas: What It Means for Investment and Business Growth in Oman
SHINAS: Construction has begun on a significant white-leg shrimp aquaculture project in Shinas, located in the North Al Batinah Governorate. This development represents a major advancement in Oman’s strategy to enhance food security and diversify its non-oil economy.
The project, valued at RO 23.5 million, covers approximately 15 hectares and is designed to produce up to 7,500 tonnes of shrimp annually. This positions it as one of the largest aquaculture initiatives in the country. Officials highlight that the venture supports national economic diversification plans by expanding investment in agriculture, fisheries, and food production while boosting domestic supply capacity.
In addition to increasing seafood production, the project is expected to stimulate the local economy by creating both direct and indirect employment opportunities. Positions will be available in farm operations, logistics, processing, maintenance, and supply chain services, with a strong emphasis on providing jobs for Omani youth.
Emphasizing the technological aspect, developers noted that the facility will incorporate advanced aquaculture techniques and modern production systems. These innovations aim to facilitate knowledge transfer and enhance workforce skills. Training programs related to farm operations are set to improve local expertise in shrimp cultivation, water management, and sustainable aquaculture practices.
Once fully operational, the project is anticipated to bolster Oman’s seafood export capacity and support local consumption. It also underscores the increasing investment momentum in the fisheries and aquaculture sectors, which are recognized as vital components for long-term economic diversification and rural development.
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The launch of this RO 23.5 million shrimp aquaculture project signals Oman’s strategic push towards economic diversification and food security, presenting significant opportunities for businesses in agriculture, fisheries, and related supply chains. Smart investors and entrepreneurs should consider capitalizing on emerging aquaculture technologies and workforce development initiatives, positioning themselves to benefit from expanding domestic seafood production and export potential while supporting rural economic growth.
