News
RO61 Million Project To Enhance Food Security In Oman

Muscat: Osool Poultry Company, a new RO61.5mn project, will begin operations in 2021 and contribute to the Sultanate’s vision of achieving food sustainability.
The company will start the production by mid-January 2021 with the readiness of the first production farms in the project.
The company was established with the participation and partnership among governmental and private institutions and companies from inside and outside the Sultanate with a capital investment of RO61.5mn.
This project, considered one of the promising strategic projects, aims largely to achieve high self-sufficiency and enhance food security in the Sultanate by raising poultry feeders and producing annually 150 million hatching eggs to be marketed locally for white-meat-producing companies, in addition to exporting part of the quantities abroad in the near future.
Eng. Mohammed Suhail al-Shanfari, Chairman of the Board of Directors of Osool Poultry Company, said in a statement to Oman News Agency (ONA): “The project is one of the mega and unique projects in the Middle East. It is built on an area of 47 square kilometers in Al Ghaftain, in the Wilayat of Haima.
“The project contributes significantly to achieving the government’s efforts and goals targeting economic diversification, development of governorates, and creating job opportunities for Omani citizens in various fields and specializations.”
He also said that the project is progressing as per the plan and objectives set by the Board of Directors. He added that 88 per cent of the project has been completed and that the actual operation of one of the farms will start by mid-January. He added that other farms will gradually be ready for operation.
Dr. Hadi Mohsen al-Lawati, General Manager of the company, told ONA: “Osool Poultry Company consists of 6 breeding farms with 72 hen coops, in addition to 12 production farms with 144 hen coops; all are divided into three land plots with an area of 15 square kilometers for each plot. The fourth plot is allocated to the main building and other facilities of the company”.
-
Automotive2 months ago
South Korea Plans to Support Auto Sector with US$2B Following US Tariffs
-
News2 months ago
Aligning HR Strategies with Oman Vision 2040: A Roadmap for Organisational Growth – OER Business Summit 2025
-
OER Magazines1 month ago
OER, April 25
-
News2 months ago
Oman Oil Prices Witness Drop Amid Shifting Global Trade Dynamics
-
Alamaliktistaad Magazines1 month ago
Al-Iktisaad, April 25
-
Renewables3 weeks ago
Jindal Renewables and OQ Alternative Energy Sign Joint Development Agreement to Advance Integrated Renewable Power Projects in Oman
-
Banking & Finance2 months ago
Sohar International Bank SAOG Announces Intention to Merge with Ahli Bank SAOG
-
Banking & Finance2 months ago
Bank Nizwa Signs MoU with Ministry of Endowments and Religious Affairs to Enhance Endowment Management & Islamic Finance Frameworks