Wednesday 04 / November / 2026
Muscat: The Ministry of Agriculture, Fisheries and Water Resources today signed four investment agreements to implement specialized projects in the fields of commercial and coastal fishing, fish processing, fish canning and the recycling of fishing nets.
The agreements, worth OMR13.39 million, constitute part of the Ministry’s efforts to enhance the status of the fisheries sector as a promising economic pillar.
The agreements also aim to expand the base of investments, maximize the value-added of fisheries resources and develop downstream industries. Such initiatives seek to support the food security scheme and enhance the sector’s contribution to economic diversification and sustainable development.
The agreements were signed by Eng. Yaqoub Khalfan Al Busaidi, Undersecretary of the Ministry of Agriculture, Fisheries and Water Resources for Fisheries.
