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Oman to launch Food Security Lab 2024

The Food Security Lab 2024 will commence next Sunday, October 6, aiming to stimulate local and foreign investment in various food security sectors to support the ‘Oman Vision 2040’.

Oman News Agency

info@thearabianstories.com

Sunday, September 29, 2024

MUSCAT : Organized by the Ministry of Agriculture, Fisheries, and Water Resources, in collaboration with the Oman Vision 2040 Implementation Unit and the National Program for Investment and Export Development ‘Nazdaher’, the event will span two weeks.

The initiative aims to introduce several enablers designed to strengthen the food security sector, develop a comprehensive package of investment opportunities related to local added value, and present these for potential investors.

Dr. Masoud bin Suleiman Al Azri, Director General of Agricultural and Fisheries Marketing and General Supervisor of the Lab, emphasized that the activities of the lab are a continuation of the Ministry’s commitment to bolstering food security in pursuit of the Oman 2040 vision.

He mentioned that the lab will operate on five pillars, including two new pillars: digital transformation and strategic planning.

The digital transformation pillar aims to introduce the ‘Tharwat’ platform with 10 electronic services and launch the ‘Silal’ application. The strategic planning pillar focuses on adopting the strategic plan 2020-2025, developing detailed project plans, and refining the ministry’s targets.

The third pillar (Investment) is focused on supporting the strategic program with a number of investment projects, while the fourth – Enablers – seeks to introduce various enablers that will support investments within the food security sector.

The fifth pillar (Local Content) aims to maximize economic returns from natural resources by creating investment opportunities that enhance local added value. It will empower local suppliers and small to medium enterprises (SMEs), promoting their active participation and facilitating initiatives to develop suppliers and the Omani workforce.


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