News
‘Fisheries Electronic Marketing Project’ Kicks Off In Oman With Success

Muscat: The Ministry of Agriculture, Fisheries and Water Resources has kickstarted its ‘Fisheries Electronic Marketing Project’ across the Sultanate.
The project, initially funded to the tune of RO184,120 by the Agriculture and Fisheries Development Fund, started operations for a period of two years on July 19, 2020.
Khalid bin Mohammed al Balushi, Director of the Project and Manager of the Central Fish Market (Wholesale), said that the project bears on the success stories of the ministry in setting up infrastructure for fish markets and unloading areas, developing marketing mechanisms and regulations in coordination with the departments concerned, as well as installing modern electronic marketing systems for the central market.
In a statement to the Oman News Agency (ONA), he said that the first phase has been accomplished with success, thanks to the cooperation of all parties in the chain of fish marketing.
Al Balushi added that the project goes in line with the forthcoming launch of Oman Vision 2040 and the goals set for upgrading the fisheries sector, which is one of the target segments anticipated to contribute considerably to the Gross Domestic Product.
The project envisions the introduction of new technologies for developing revenues and financial sustainability, besides enhancing the concept of governance and streamlining procedures.
The second phase of the project began implementation at fish markets in governorates, said Al Balushi. He also noted that the project will be a significant step forward in regulating the rotation of fishery products in local markets and providing direct and indirect jobs.
Al Balushi pointed out that certain marketplaces have been selected as venues for sale by auctioning in Sohar, Quriyat, A’Seeb and Masirah.
“Work is underway to expand this business concept in light of needs,” he said, before adding that, “electronic trading systems might be installed and manpower trained”.
Fish market ‘observers’ have been provided with hand-held smart devices to register unloaded fisheries products’ data on a daily basis. They can then send them to the main database of the ministry.
Al Balushi explained that, besides increasing sales, the project will enhance transparency, revenues and employment of Omanis. All fish markets will eventually be connected through a single database that will facilitate product updates, he added.
Source: Oman News Agency
-
Economy2 months ago
Here’s Everything You Need to Know About Oman’s State General Budget for 2025
-
Alamaliktistaad Magazines2 months ago
Al-iktisaad, December 24
-
Automotive1 week ago
[REVIEW] A Legend Reinvented: The Nissan Patrol Y63 Blends Heritage with Modern Mastery
-
Banking & Finance2 months ago
His Majesty the Sultan Appoints Ahmed Al Musalmi as Governor of the Central Bank of Oman
-
OER Magazines3 weeks ago
OER, January 2025
-
Alamaliktistaad Magazines4 weeks ago
Al-iktisaad, January 2025
-
Banking & Finance4 weeks ago
Ishraq Waqf Investment Fund Announces Extension of IPO Subscription Deadline
-
Banking & Finance1 month ago
Bank Muscat’s 2024 Net Profit Grows To RO225.58Mn