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Strategic plan to ramp up value creation from Million Date Palms Project Published: 10:06 PM, May 04, 2021
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MUSCAT, MAY 4 - In a strategic decision, the Oman Investment Authority (OIA) – the integrated sovereign wealth fund of the Sultanate of Oman – has said it is gearing up to assume responsibility for the operations and management of the Million Dates Palms Plantation Project with a view to harnessing its commercial potential to enhance economic diversification, support job creation, drive SME development in line with Oman’s Vision 2040.
The move, which is backed by the Ministry of Agriculture, Fisheries and Water Resources, is designed to maximize the benefits from this project by optimizing value creation, contributing to enhancing Oman s food security, creating partnership opportunities with the private sector, and enabling Omanis farmers to play a key role in its development.
Sri Lanka – Oman Bilateral Cooperation in Food Sector Mooted
April, 30, 2021
Ambassador of Sri Lanka to the Sultanate of Oman Ameer Ajwad met with Chief Executive Officer Saleh M. Al Shanfari of Oman Food Investment Holding Co. (S.A.O.C) and had a productive discussion on the promotion of bilateral trade in food sector between Sri Lanka and the Sultanate of Oman. They also explored new areas for mutual cooperation in food sector and agreed to connect B2B links between Oman Food Investment Holding Co. (OFIC) and food sector companies in Sri Lanka.
OFIC is a state-owned-enterprise (SOE) owned by Oman Investment Authority, mandated to promote Oman’s food security, through partnerships with government agencies, private operators and investors. OFIC aims to boost Oman’s food security and economic well-being by investing in domestic and international food projects in partnership with food companies, investors and other stakeholders. OFIC is a group of companies consisting of more
The Foodie Experience!
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The act of travelling for a taste of place in order to get a sense of place has nothing to do with dialectical materialism or existentialism. It is just food tourism, as defined by Erik Wolf, Executive Director of World Food Travel Association.
What motivates the new generation of travellers is the destination, no doubt, but the culinary culture of the place also features prominently in influencing the destination, studies suggest. Food experience is increasingly becoming a definitive aspect of the travel experience, and travellers are happy to splash on authentic local food and beverage experiences.
Sri Lanka - Oman bilateral co-operation in Food Sector mooted Daily News (via HT Media Ltd.)
Ambassador of Sri Lanka to the Sultanate of Oman Ameer Ajwad met with Chief Executive Officer Saleh M. Al Shanfari of Oman Food Investment Holding Co. (S.A.O.C) and had a productive discussion on the promotion of bilateral trade in Food Sector between Sri Lanka and the Sultanate of Oman.
They also explored new areas for mutual co-operation in the Food Sector and agreed to connect B2B links between Oman Food Investment Holding Co. (OFIC) and food sector companies in Sri Lanka.