Tuesday, 25 July 2017

Strategy to boost fish output

MUSCAT — His Majesty Sultan Qaboos has approved the strategic plan for the fisheries sector for the period from 2013 to 2020, Dr Fuad bin Jaafar al Sajwani, Minister of Agriculture and Fisheries, said adding that, His Majesty the Sultan is the main supporter and promoter for achieving food security in the Sultanate. In a statement to Oman News Agency, Dr Sajwani said that more than RO 515 million has been allocated for the development of the fisheries sector.

The locations of the currents five-year plan, the biggest in the Sultanate’s history, showcase His Majesty the Sultan’s interest in this sector and belief in its role in achieving food security. The allocations also reflect His Majesty the Sultan’s support for the efforts made by the Ministry of Agriculture and Fisheries.

The Minister pointed out that the fisheries sector is promising as it has many major investment opportunities, through the relative advantage and achieving the added value for this sector. The sector will have its maximum contribution to the economic performance, GDP, the generation of job opportunities and food production.

He also said that a number of investment applications in the field of aquaculture have been approved. The Ministry hoped to get RO 40 million investments instead it received applications for investments worth of RO 160 million and gave approval for 19 companies that will invest about RO 120 million. The second round, which will begin in April, will witness giving licenses for more companies. Dr Sajwani hoped that fish production would increase from about 160,000 tonnes in 2012 to 460,000 tonnes in 2020 though both the natural fisheries and the aquaculture.

The Minister pointed out that the Ministry is now finalising the strategic plan for the botanic and animal sector which will alter the agricultural scenario of the Sultanate and add value for agriculture productions and increase yields. Dr Sajwani called on Omani businessmen to benefit from the relative advantage of the agriculture and fisheries sectors as they are very promising and feasible. — ONA



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