Published 26 Dec,2020 via Muscat Daily - As part of its efforts to increase the national income, the Ministry of Agriculture, Fisheries and Water Resources is working to establish various aquaculture projects across the sultanate with an investment of around RO1bn.
According to the Contractual Production in Agricultural & Fisheries Sectors Symposium, which was organised by the Oman Chamber of Commerce and Industry recently, 18 aquaculture projects were approved in 2020.
“Of the 18 projects, seven have got approved commercial licences and 11 are under preliminary commercial licence phase with a total investment cost of RO987mn and an expected production of 435,397 tonnes,” an official source in OCCI said.
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