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Oman Flour Inaugurates Gulf International Poultry Farm, Investment Cost Exceeding RO 26 Million
Oman Flour Inaugurates Gulf International Poultry Farm, Investment Cost Exceeding RO 26 Million

Oman Flour Inaugurates Gulf International Poultry Farm, Investment Cost Exceeding RO 26 Million

Muscat, 8 Dec (ONA) --- Oman Flour Mills (OFM) celebrated the inauguration of the Gulf International Poultry Farm for producing eggs at Subaikhi in the Wilayat of Ibri in the Governorate of A’Dhahirah.

The inauguration ceremony was held under the patronage of Dr. Saud Hamoud Al Habsi, Ministerof Agriculture, Fisheries and Water Resources. The minister said that the self-sufficiency rate to which the project will contribute is between 30 to 35 percent.

Al Habsi adding that in addition to the existing egg production projects in the Sultanate of Oman, the self-sufficiency rate will reach between 90 and 95 percent, which is an excellent percentage for local consumption.

The investment cost of the new poultry farm exceeded RO 26 million. The project been founded in partnership between Oman Flour Mills, the Japanese Gulf Food Fund, the Wise Foods company; a Japanese company, and IFFCO company.

The Gulf International Poultry Farm is extended on an area of (18) million square meters. It is considered one of the largest poultry farms for table egg production in the GCC countries. The annual production capacity of the farm stands at 350 million eggs. The farm adopts modern technology in its operation process.

Commenting on this event, Haitham Mohammad Al Fannah, CEO of Oman Flour Mills, stated “The Gulf International Poultry Farm is considered one of the largest poultry farms for table egg production in the Sultanate of Oman and all GCC countries. It is part of the fruits of the well-established and deep-rooted relations between the Sultanate of Oman and Japan that enhances the transferring of advanced knowledge and technologies to the Sultanate of Oman in order to localize their technology and utilize its advantages to serve our strategic sectors”.

The CEO added: “The importance of this project will be more valuable, if the people came to know that, by the establishing of this project, the Sultanate of Oman has achieved self–sufficiency in producing table eggs that contribute to strengthening the country's efforts to maximize food production in order to achieve an advanced level of sufficiency in the food security sector”.

This new project is also considered one of the pillars of Oman Vision 2040 since the food security sector is among the targeted sectors to contribute to achieving economic diversification. This project will also enhance the country's competitive business environment.

As the main partner in Oman’s efforts to strengthen the food security system in the country, Oman Flour Mills always enhances directions of economic diversification with various investments that contribute to raising the Sultanate of Oman's exports to foreign markets.

--- Ends/Khalid