By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
  • World
  • Business
  • Technology
  • Sports
  • Lifestyle
Search
Countries
More Topics
  • Health
  • Entertainment
Site Links
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: 14 usufruct contracts signed for investment in Oman’s agriculture sector
Share
Notification Show More
Latest News
Nasib: Qualifying for World Cup has given us a boost
Sports
Seven countries ask EU executive to revoke 2035 diesel and petrol ban
World
Chemical weapons in Sudan: A conflict crossing the world’s red lines
Gulf
Dubai gold prices steady; is now a good time to buy?
Business
How would the Netflix-Warner Bros. deal reshape Hollywood?
Technology
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
Search
  • Home
  • Gulf
  • Business
  • More News
    • World
    • Technology
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > Uncategorized > 14 usufruct contracts signed for investment in Oman’s agriculture sector
Uncategorized

14 usufruct contracts signed for investment in Oman’s agriculture sector

News Room
Last updated: 2024/06/14 at 2:02 AM
News Room
Share
4 Min Read
SHARE

The Ministry of Housing and Urban Planning in Muscat recently signed 14 usufruct contracts totaling over OMR8.3 million in collaboration with the Ministry of Agriculture, Fisheries and Water Resources. These contracts focus on various agricultural activities such as breeding poultry, cultivating frankincense, raising livestock, beekeeping, and growing crops like wheat, coffee, and date palm trees. Additionally, the contracts also include the establishment of farms for producing figs, papaya fruits, seedlings, and rearing goats in five different governorates: Dhofar, A’Dakhiliyah, North A’Sharqiyah, South Al Batinah, Al Buraimi, and Muscat.

The contracts were signed by Eng. Hamad Ali Al Nazwani, Undersecretary of the Ministry of Housing and Urban Planning for Housing, along with representatives from companies and institutions investing in these agricultural projects. The signing ceremony was graced by the presence of Dr. Ahmed Nasser Al Bakri, Undersecretary of the Ministry of Agriculture, Fisheries and Water Resources for Agriculture, as well as officials from the Authority for Small and Medium Enterprises Development (ASMED). This collaboration between various ministries and organizations highlights the government’s commitment to promoting investment and growth in the agriculture sector.

The projects outlined in the usufruct contracts cover a wide range of agricultural activities, showcasing the diverse opportunities available in the sector. From poultry breeding to beekeeping and crop cultivation, these projects aim to not only boost the local economy but also contribute to food security and sustainability in the region. By investing in the agriculture sector, the government is not only creating employment opportunities but also promoting self-sufficiency and innovation in agricultural practices.

The establishment of farms for producing figs, papaya fruits, seedlings, and rearing goats demonstrates the government’s focus on diversifying agricultural activities and promoting sustainable practices. These projects will not only benefit the local communities by providing fresh produce and employment opportunities but also contribute to the overall development of the agricultural sector in Oman. By investing in various agricultural activities, the government is laying the foundation for long-term growth and prosperity in the sector.

The collaboration between the Ministry of Housing and Urban Planning and the Ministry of Agriculture, Fisheries and Water Resources highlights the importance of inter-ministerial cooperation in driving economic growth and development. By working together to facilitate investment in the agriculture sector, these ministries are paving the way for sustainable development and innovation in Oman’s agricultural industry. The signing of 14 usufruct contracts is a testament to the government’s commitment to promoting investment and growth in the agriculture sector, and sets a positive precedent for future collaborations in the industry.

In conclusion, the signing of 14 usufruct contracts for investment in the agriculture sector in Oman is a significant step towards promoting economic growth, food security, and sustainability in the region. The diverse range of projects outlined in these contracts showcases the vast potential for agricultural development in Oman, and highlights the government’s commitment to supporting local farmers and entrepreneurs. By investing in various agricultural activities and promoting inter-ministerial cooperation, the government is laying the foundation for a flourishing agricultural industry that will benefit both the economy and the environment.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room June 14, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article United Nations Recognizes Oman’s State Audit Institution for Innovative Complaint and Reporting System
Next Article Celebrate Dad: Ideas for the Perfect Father’s Day
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

Nasib: Qualifying for World Cup has given us a boost
Sports December 8, 2025
Seven countries ask EU executive to revoke 2035 diesel and petrol ban
World December 8, 2025
Chemical weapons in Sudan: A conflict crossing the world’s red lines
Gulf December 8, 2025
Dubai gold prices steady; is now a good time to buy?
Business December 8, 2025

You Might also Like

Uncategorized

Darven: A New Leap in AI-Powered Legal Technology Launching from the UAE to the World

July 1, 2025
Uncategorized

The Myriad Redefines Student Living for a Mobile, Urban Generation

May 27, 2025
Uncategorized

Bitget Celebrates Bitcoin Pizza Day by Distributing Over 5000 Pizzas in Over 20 Cities Worldwide

May 22, 2025
Uncategorized

Qatari Citizens and Residents come together for Eid Al-Fitr Prayers and Celebrations in Photos

March 30, 2025
Uncategorized

CNTXT and Oracle Strengthen AI Collaboration to Drive Innovation

February 14, 2025
Uncategorized

PIF introduces $7 billion Murabaha Credit Facility for the first time

January 6, 2025
Uncategorized

Pound Sterling Price Update and Prediction: GBP strengthens as risk sentiment improves

January 6, 2025
Uncategorized

Preventing Stomach Flu in Children during Winter: Tips from PHCC Expert

January 6, 2025
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?