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Oman’s housing ministry signs usufruct contracts worth over RO 37 million to boost food security

The Ministry of Housing and Urban Planning signed 239 agricultural usufruct contracts in the wilayats of Thumrait and Maqshin in Dhofar Governorate, covering a total area exceeding 9,000 acres with an investment value surpassing RO 37 million.

Oman News Agency

info@thearabianstories.com

Thursday, August 7, 2025

MUSCA T- This initiative aligns with the ministry’s efforts to enhance the investment climate and utilize natural resources to bolster food security and support the national economy.


A portion of these agreements was signed on Wednesday evening in the presence of His Excellency Eng. Hamad Ali Al Nazwani, Undersecretary for Housing at the Ministry of Housing and Urban Planning, alongside officials from the Ministry of Agriculture, Fisheries and Water Resources, and the Najd Agricultural Development Office.


Sultan Hamad Al Ghafri, Director General of Housing and Urban Planning in Dhofar Governorate, explained that these contracts represent a boost to approved projects, enabling investors to benefit from agricultural lands in the Najd region. He emphasised that the agreements will enhance agricultural production, create direct and indirect job opportunities, and support Oman’s efforts toward self-sufficiency in strategic crops.


He added that the ministry signed over 590 usufruct contracts across various sectors in the first half of this year, collecting fees exceeding RO 6 million. These include more than 375 contracts in the agricultural sector, 160 in the commercial sector, 40 in the industrial sector, and 10 in the residential-commercial sector, reflecting diverse investment opportunities and the ministry’s commitment to empowering the private sector.


These agreements promote the optimal use of arable land in promising areas, aligning with the objectives of the National Urban Development Strategy and ‘Oman Vision 2040’, particularly in enhancing food security and achieving balanced development across governorates.


The initiative also opens broader prospects for agricultural investors and reinforces the principle of partnership with the private sector, supporting Oman’s efforts toward sustainable development and an integrated investment environment.


This step coincides with the launch of the Kareef Dhofar Real Estate Season, a national platform to promote real estate and agricultural investment opportunities, as well as future cities, alongside the tourism and economic activities of the Khareef Dhofar season.

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