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Agriculture Ministry signs two agreements in shellfish, algae farming

6 Jun 2024 Agriculture Ministry signs two agreements in shellfish, algae farming

Muscat – The Ministry of Agriculture, Fisheries and Water Resources and Fisheries Development Oman signed an agreement in Muscat in the field of commercial aquaculture (breeding shellfish).

The project, which will be established in the wilayat of Masirah in South Sharqiyah governorate, has an investment value of RO5mn.

The agreement was signed by Dr Saud Hamoud al Habsi, Minister of Agriculture, Fisheries and Water Resources, and Muneer Ali al Muniri, Chairman of the Board of Directors of Fisheries Development Oman.

The project will be implemented by Blue Waters Company, an affiliate of Fisheries Development Oman.

Net Zero Solutions (NTZ) Company also signed a memorandum of understanding (MoU) in the field of microalgae cultivation with Al Tharmad Business and Services Company and a Saudi firm named Al Khadra Gulf Industries Company.

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