Oman News Agency

 

PRAYER TIMES

 

Fajr 04:39 AM
Dhuhr 12:00 PM
Asr 03:25 PM
Magrib 06:01 PM
Isha 07:11 PM
EXCHANGE RATES
Last Updated Date 02/12/2021
  Buy Cell
AED
0.1045325 0.1048275
EUR
0.4346880 0.4359355
INR
0.0051256 0.0051398
JPY
0.0033967 0.0034059
USD
0.3840000 0.3850000

Housing Ministry Signs Usufruct Contracts Worth More Than RO 3m

    576

Print

Muscat, 13 Oct (ONA) – As part of the outcomes of the recent Food Security Lab forum, the Ministry of Housing and Urban Planning today signed five land development (usufruct) contracts with private sector companies and establishments to the tune of RO 3 million.

The Food Lab forum was organized by the Ministry of Agriculture, Fisheries and Water Resources, with support from Oman Vision 2040 Follow-up Unit and “Invest-in-Oman Programme (for Programme for Attracting Investments and Supporting Exports in External Markets), which aligns with economic stimulus plans and meets the Sultanate’s agricultural needs in an innovative manner that is compatible with its foods security policies.

 Dr. Saud Hamoud Al Habsi, Minister of Agriculture, Fisheries and Water Resources, said that the agreements are specialized projects and constitute an added value to food security and employment of jobseekers.

 The land development (usufruct) projects include a contract with Qais Al Batran Company to set up a 9.5-fedan chicken farm in Khasab, Governorate of Musandam, (RO 600,000); a contract with Al An’am Business Company to establish a 95-fedan livestock breeding farm in Dhank, Governorate of A’Dhahirah (RO 1.5 million); a contract with Integrated Services for Business and Development Company for the setting up of a 200-fedan mango cultivation farm in Barka, Governorate of South Al Batinah (RO 1.25m); a contract with Gulf Mashroom Products for establishing a 10-fedan wheat cultivation project in Thamrait, Dhofar Governorate (RO 26,000) and a contract with Al Rasbi Agricultural Development Company to set up a farm for fig trees on an area of 101 fedans in Al Kamil W’al Wafi, South A'Sharqiyah Governorate (RO 282,000).

The agreements were signed by Dr. Khalfan Said Al Shuaili, Minister of Housing and Urban Development, and the CEOs of the companies concerned.

Ends/AB/AH