- SAMUDRA News Alerts
SAMUDRA News Alerts
May 29,2012 | Source: FIS
The Omani government is setting up a national company to spearhead the development of a new aquaculture-based industry in the Sultanate. Dr Saud Hamoud al Habsi, Director General of Fisheries Research, said the proposed initiative is a key part of an ambitious strategy by the government to jumpstart the growth of a major aquaculture sector in Oman.
The official said the government identified aquaculture as a promising economic industry with the potential to contribute significantly to GDP growth, employment generation and export earnings. Equally, a thriving aquaculture sector could help bolster supplies of fresh fish to the local market, and also contribute to the national food security strategy, he added.
“The economic benefits flowing from aquaculture development are immense. We envisage output from aquaculture based activities soaring to 220,000 tonnes by the year 2030, if the appropriate supportive measures and incentives are in place. Furthermore, the Council of Ministers has already adopted aquaculture as an initiative of national necessity, while the relevant authorities have mooted its pursuit in the interest of enhancing food security,” Al Habsi said.
He said the Sultanate’s lengthy coastline, along with the diversity of its inshore waters and
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Theme(s): Fisheries Development and Aquaculture.