Business

Deals to boost food security infrastructure

These projects aim to expand storage capacity to meet growing market demands.
 
These projects aim to expand storage capacity to meet growing market demands.
MUSCAT: Oman Flour Mills (OFM) and Omran Group have signed landmark usufruct agreements to develop new storage and distribution facilities, advancing the Sultanate of Oman’s food security and economic resilience. The agreements cover 60,000 square meters of land, including 35,000 sqm at Sultan Qaboos Port and 25,000 sqm in the Mina District.

These projects aim to expand storage capacity to meet growing market demands. The silos will hold up to 200,000 metric tonnes, while horizontal warehouses will increase capacity to 76,600 metric tonnes. Cutting-edge technologies will be employed to boost efficiency, minimise losses, and ensure food safety with world-class quality standards.

The deal was signed by Haitham bin Mohammed al Fanah, CEO of OFM, and Dr Hashel bin Obaid al Mahrouqi, CEO of Omran Group. Al Fanah stated that the agreement represents a significant step in OFM’s mission to enhance its storage and distribution capabilities while reinforcing its partnership with Omran.

“These agreements are vital for improving operational efficiency and meeting the increasing demand for food products. OFM remains committed to high-quality standards, ensuring safe and reliable food supply to our consumers,” Al Fanah emphasised.

He also highlighted that the investment aligns with Oman’s focus on innovation and sustainable practices, incorporating environmentally friendly technologies throughout the project to reduce its environmental footprint.