MUSCAT: The Agricultural and Fisheries Development Fund has supported 17 projects in 2024, allocating more than RO 3 million to enhance Oman’s food security and promote sustainable production. This investment aligns with national efforts to strengthen the agricultural and fisheries sectors, ensuring long-term economic growth and environmental sustainability. By funding key projects, the initiative aims to boost local food production, reduce dependency on imports, and enhance self-sufficiency in essential commodities.
According to Jawaher bint Hamoud bin Hamdan Al Rawahi, Acting Director of the Investment and Project Financing Department, these projects focus on modernizing agricultural techniques, improving fisheries infrastructure, and introducing innovative technologies. The fund’s strategic approach prioritizes initiatives that enhance efficiency and productivity, ensuring that resources are utilized effectively. Investments in aquaculture, advanced irrigation systems, and sustainable farming practices play a crucial role in achieving long-term agricultural resilience.
The supported projects also contribute to job creation and economic diversification, providing new opportunities for local farmers, fishermen, and entrepreneurs. By fostering collaboration between the government and private sector, the fund encourages investment in cutting-edge solutions that optimize production and reduce environmental impact. The integration of smart farming techniques, improved fisheries management, and value-added processing ensures that Oman remains competitive in regional and global markets.
As part of its commitment to sustainability, the Agricultural and Fisheries Development Fund continues to expand its support for projects that align with Oman Vision 2040. Future investments are expected to focus on climate-smart agriculture, marine conservation, and advanced food processing technologies. By reinforcing the foundations of food security and sustainable development, the fund plays a vital role in ensuring that Oman’s agricultural and fisheries sectors thrive in an evolving economic landscape.
