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Oman aims to increase fish production in coming years
By: Times News Service
Muscat: The Sultanate is aiming to reach a fish production target of 1.34 million tons by 2025, the Director General of Fish Resources Development said on Tuesday. To achieve this goal, a commercial fishing fleet development plan has been put in place.
A statement issued online by Oman News Agency (ONA), said: The Fisheries Laboratory opened in 2017, has announced more than 90 initiatives and projects that include three main activities; commercial and artisanal fishing, fish farming and processing and export.
Dr. Abdulaziz bin Saeed Al Marzouqi, Director General of Fish Resources Development said that he expects that the fisheries sector’s contribution to the GDP will reach OMR 387 million, and that 8,509 direct jobs will be created by the same year, with investments estimated at about OMR 447 million.
Fisheries a major pillar of economic diversification
By: ONA
Muscat: The fisheries sector figures among the main components of economic diversification resources due to the fact that it is a renewable sector capable of contributing to food security and providing employment opportunities for citizens, besides augmenting the Gross Domestic Product (GDP).
In 2017, the Fisheries Lab announced more than 90 initiatives and projects that covered three basic activities. These include: commercial fishing (firms), artisanal fishing (individual full-time fishermen) and fish farming; fishery industries and exporting.
The initiatives and programmes are expected to achieve a considerable increase to the GDP estimated at OMR556 million, thereby achieving a three-fold rise of the overall contribution of the fisheries sector over 2017 figures to OMR781 million by 2023 and generating an investment value touching OMR1 billion.