Food Security - Fisheries - Shrimp Farming (Awrab)

Sector

Ministry of Agriculture, Fisheries and Water Resources

Location

Capital Investment

14,000,000 OMR

Internal Rate of Return

16.0%

Payback Period

8 Years

Implementation Duration

2.0 Years

Description

A shrimp farm located in Ash Sharqiyah South aiming to increase the Sultanates production in fisheries. The project targets regional markets where an increase in demand for fresh high quality shrimp is needed. The project aims to achieve sustainable prices, while implementing environmentally friendly practices and achieve internationally recognized certifications.