Agriculture & Fisheries
From The Report: Oman 2020
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Given that fishing and agriculture have historically formed central parts of Oman’s economy and society, it is not surprising that the country has the highest rate of food self-sufficiency in the GCC. Targeted investments to further enhance food security have seen the sector advance on all fronts – but most notably in terms of technology – as the government seeks ways to sustain a growing population and foster a more diverse economy. Support for innovative state-backed dairy, red meat and poultry projects continue to boost production and provide investment opportunities, while niche segments such as organic farming need more robust regulation. This chapter contains an interview with Saleh Mohammed Al Shanfari, CEO, Oman Food Investment Holding Company.

Articles from this Chapter

Overview

Under the surface: Maintaining a high level of food self-sufficiency is supported by investment in agri-business, fishing and aquaculture
OBG
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Given that fishing and agriculture have historically formed central parts of Oman’s economy and society, it is not surprising that the country has the highest rate of food self-sufficiency in the GCC. Targeted investments to further enhance food security have seen the sector advance on all fronts – but most notably in terms of technology – as the government seeks ways to sustain a growing population and foster a more diverse economy. Support for innovative state-backed dairy, red meat…

Interview

Big catch: Saleh Mohammed Al Shanfari, CEO, Oman Food Investment Holding Company (OFIC), on how current trends and growth factors are affecting the industry
OBG
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Interview:Saleh Mohammed Al Shanfari How do you assess the performance of the fisheries and aquaculture sector moving into 2020, and what will be the main growth drivers? SALEH MOHAMMED AL SHANFARI: The fisheries sector is growing at a substantial pace, driven by improved processing facilities, the use of higher-specification vessels and an influx of third-party shipowners who fish and land their catch in Oman. The Ministry of Agriculture and Fisheries (MoAF) is a key driver of growth within…

Overview

Governments and the private sector tackle water scarcity through: policy reform, technology adoption and infrastructure investment Making every drop count
OBG
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Global food demand is expected to increase by anywhere between 59% and 98% by 2050. However, global freshwater resources are already overstretched. In recent years climate-induced water shortages in urban areas have brought water scarcity to the forefront of public debate, as major cities such as São Paulo, Cape Town and Barcelona have found themselves on the brink of major water crises. In response, policymakers have started to scrutinise and reform existing agricultural practices, which on average consume 70% of fresh water supplies around the world. Water Shortages In the world’s most water-scarce regions, climate change-induced…

Overview

Governments and the private sector tackle water scarcity through: policy reform, technology adoption and infrastructure investment Making every drop count
OBG
plus

Global food demand is expected to increase by anywhere between 59% and 98% by 2050. However, global freshwater resources are already overstretched. In recent years climate-induced water shortages in urban areas have brought water scarcity to the forefront of public debate, as major cities such as São Paulo, Cape Town and Barcelona have found themselves on the brink of major water crises. In response, policymakers have started to scrutinise and reform existing agricultural practices, which on average consume 70% of fresh water supplies around the world. Water Shortages In the world’s most water-scarce regions, climate change-induced…