Ibra: The Ministry of Housing and Urban Planning's Tatweer platform has unveiled 14 agricultural and commercial investment prospects in many wilayats throughout the North Al Sharqiyah Governorate.
These options are open to the Ministry of Agriculture, Fisheries, and Water Resources, as well as the North Al Sharqiyah Governor's Office, and include agriculture, real estate development, and commercial investment.
The sale of investment prospectuses for these possibilities began on Tuesday, with some prospectuses scheduled to be accessible beginning August 14.
Eng. Hamad Rashid AlSawaei, Assistant Director-General of Agriculture and Water Resources in North Al Sharqiyah, stated that the investment options are intended to allow private sector organizations and enterprises to profit from a variety of agricultural and commercial prospects. The agricultural opportunities aim to use current farming technologies by building sophisticated projects for producing a variety of crops, including figs, onions, garlic, potatoes, and date palms.
He said that these projects would use integrated production systems that leverage modern technologies in farming, irrigation, and post-harvest operations to promote sustainability, excellent product quality, and increased competitiveness in regional and global markets. Meanwhile, the commercial investment prospects allow investors to develop strategic business initiatives that are consistent with the established goals.
Al Sawaei stated that the Ministry of Agriculture, Fisheries, and Water Resources has presented 12 agricultural investment possibilities across the wilayats of Ibra, Al Mudhaibi, Al Qabil, Sinaw, Bidiyah, and Dima wa AlTa'een. Key prospects include: five investment opportunities for a fig farming and production project in the village of AlQuway'ah, Sinaw, totaling 20 acres; an investment opportunity for a vegetable farming project (greenhouses and open fields) in Misrun, Ibra, totaling 8 acres; and the chance to establish a date production factory in the industrial zone of Dima wa AlTa'een, totaling 2,135 square metres.
Furthermore, there is an option to start a date palm farming and Bisur (young date) production project on 100 acres in AlGhubbi, Bidiyah, as well as potato farming (6. 3 acres), garlic cultivation (6. 3 acres), and onion farming (6. 3 acres) in Barzman, Sinaw. Another option includes growing garlic and onions in Maghsar, Al Qabil, spanning 6 acres.
Badr Ahmed Al Habsi, the North Al Sharqiyah Governorate's Director of Planning and Investment, addressed the investment options made available by the Governor's Office through the Tatweer platform, saying: "The most notable opportunity is the strategic commercial investment in Ibra, which is consistent with Oman Vision 2040 and the goals of sustainable development by diversifying national income sources, boosting local economies, and creating high-quality, long-term employment opportunities for Omani citizens.
He stated that there is an additional investment opportunity for developing bespoke industrial shops based on investor ideas, which includes a 2,565 square metre plot in Al Mudhaibi. This strategy, he explained, seeks to establish and run multipurpose industrial facilities for small and medium enterprises (SMEs), hence improving the local economy and creating long-term jobs. The investment contract will be effective for ten years, with a one-year grace period for preparation and setup beginning on the contract's effective date, according to him.
