Housing Ministry offers 14 investment opportunities in North Al Sharqiyah
These opportunities are available for the Ministry of Agriculture, Fisheries and Water Resources, and the North Al Sharqiyah Governor's Office, covering agriculture, real estate development and commercial investment.
The sale of investment prospectuses for these opportunities began on Tuesday, with some prospectuses set to be available starting 14 August.
Eng. Hamad Rashid Al-Sawaei, Assistant Director-General of Agriculture and Water Resources in North Al Sharqiyah, explained that the investment opportunities are designed to enable private sector institutions and companies to benefit from diverse prospects in agriculture and commerce. The agricultural opportunities aim to adopt modern farming techniques by establishing advanced projects for cultivating various crops, including figs, onions, garlic, potatoes, and date palms.
He added that these projects will adopt integrated production systems, leveraging modern technologies in farming, irrigation, and post-harvest processes to ensure sustainability, high product quality, and enhanced competitiveness in regional and global markets. Meanwhile, the commercial investment opportunities allow investors to establish strategic business projects aligned with the proposed requirements.
Al Sawaei noted that the Ministry of Agriculture, Fisheries and Water Resources has offered 12 agricultural investment opportunities across the wilayats of Ibra, Al Mudhaibi, Al Qabil, Sinaw, Bidiyah, and Dima wa Al-Ta'een. Key opportunities include: 5 investment opportunities for a fig cultivation and production project in the village of Al-Quway'ah, Sinaw, covering 20 acres; An investment opportunity for a vegetable farming project (greenhouses and open fields) in Misrun, Ibra, spanning 8 acres; An opportunity to establish a date production factory in the industrial zone of Dima wa Al-Ta'een, covering **2,135 square metres.
Additionally, there is an opportunity for a date palm cultivation and "Bisur" (young date) production project in Al-Ghubbi, Bidiyah, spanning 100 acres, as well as projects for potato farming (6.3 acres), garlic cultivation (6.3 acres), and onion farming (6.3 acres) in Barzman, Sinaw. Another opportunity involves garlic and onion farming in Maghsar, Al Qabil, covering 6 acres.
On his turn, Badr Ahmed Al Habsi, Director of Planning and Investment at the North Al Sharqiyah Governorate, commented on the investment opportunities offered by the Governor's Office through the Tatweer platform, stating: 'The most prominent opportunity is the strategic commercial investment in Ibra, aligned with Oman Vision 2040 and the goals of the sustainable development, which focus on diversifying national income sources, boosting local economies, and providing quality, sustainable job opportunities for Omani citizens."
He added that there is another investment opportunity for establishing custom industrial shops based on investor proposals—a project in Al Mudhaibi on a 2,565-square-metre plot. This initiative, he said, aims to create and operate multi-purpose industrial shops catering to small and medium enterprises (SMEs), strengthening the local business environment and generating sustainable employment. The investment contract will be valid for 10 years, with a one-year grace period for preparation and setup from the contract's effective date, he pointed out.
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