RO 29 Million Investment Boosts Food Security: What It Means for Investors and Entrepreneurs in Oman
MUSCAT: The Ministry of Agriculture, Fisheries and Water Resources announced that investments in food security projects amounted to approximately RO 29.04 million by the end of March 2026, reflecting a completion rate of 4.3 percent.
Khalid bin Salem Al Amri, Head of Contracts Management and Investor Relations, revealed that 85 opportunities have been made available through the Tatweer platform out of 138 submitted, reaching 21 percent of the target to offer 400 opportunities.
A total of 33 projects have been implemented across the plant, animal, and aquaculture sectors. Dhofar Governorate leads in investment value with over RO 20.55 million, followed by Al Sharqiyah North Governorate at RO 4.64 million, while other governorates have shown modest progress.
Regarding opportunity rollout, Al Buraimi Governorate achieved the highest completion rate at 70 percent, followed by Al Batinah South Governorate at 62 percent.
By sector, the plant segment holds the largest share of opportunities, followed by the animal and fisheries sectors. However, the animal sector leads in implemented investments, totaling RO 21.33 million, surpassing both plant and aquaculture sectors.
The ministry emphasized the importance of accelerating project execution, improving investor incentives, and resolving obstacles to maximise economic and developmental benefits. — ONA
Special Analysis by Omanet | Navigate Oman’s Market
The current momentum in Oman’s food security investments, particularly with RO 29.04 million invested and strong regional leadership by Dhofar and Al Buraimi, signals strategic growth opportunities for businesses in agribusiness and aquaculture sectors. However, the slow project completion rate (4.3%) highlights risks tied to execution delays; smart investors and entrepreneurs should focus on navigating regulatory challenges and leveraging government incentives to capitalize on emerging opportunities in plant, animal, and fisheries investments. Accelerating operational efficiency will be key to unlocking substantial economic and developmental returns.
