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AFDF board agrees to finance 12 projects

22 Aug 2021 By ONA

The board of directors of the Agricultural and Fisheries Development Fund (AFDF) on Sunday held its second meeting of the year under the chairmanship of H E Dr Saud Hamoud al Habsi, Minister of Agriculture, Fisheries and Water Resources.

The meeting discussed the executive position of the funded projects and the AFDF’s financial situation in the first half of 2021.

The AFDF board reviewed the new projects to be funded in 2021. The board agreed to fund 12 projects worth RO1mn, including five in agriculture and livestock sectors, six in fisheries and one in food safety.

These projects will contribute in generating income for the fund, in addition to developing and sustaining the related sectors. They will also support the food security system and create work opportunities.

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