MUSCAT: Fisheries Development Oman (FDO) – the Omani government’s fisheries investment arm – says its participation in the Fishery Forum & Seafood Expo in Russia last week has helped solidify Oman’s potential as a key fisheries and aquaculture investment hub.
In a statement, Investments Director at FDO, Salim al Mamari, commented, “Our participation this year was a resounding success. We had the opportunity to engage with numerous potential partners and investors, further elevating Oman’s reputation as a major fish producer and exporter. The event reinforced our commitment to sustainability and highlighted our innovative investments in aquaculture and fishing technologies, setting the stage for future growth.” Business Intelligence Lead at FDO, Sultana al Jardani added, “The level of interest in Oman’s fisheries sector was overwhelming. This platform allowed us to present Oman’s diverse marine resources and showcase the tremendous potential for international partnerships. The response from global stakeholders was incredibly positive, and we anticipate fruitful collaborations that will drive sustainable growth in the sector.” The Expo, held in St. Petersburg, Russia, from September 17 to 19 attracted over 30,000 visitors from over 70 countries, in addition to various industry leaders, traders and global investors.
Showcasing their products and services at the expo were five FDO subsidiaries, including SIMAK, the largest tuna and sardine canning factory in the MENA region with an annual capacity of 100 million cans per year, demonstrating its products and eco-friendly practices. According to FDO officials, the company attracted interest from European buyers seeking sustainably sourced products and white labelling opportunities.
Another key participant was Marsa Al Duqm, the lead developer of Oman’s largest port in Al Duqm, which has garnered investments of RO 63 million to date. Officials noted that attendees recognized the port's potential to enhance operational efficiency and strengthen Oman’s position as a leading seafood exporter.
Blue Waters, FDO’s marine finfish aquaculture arm, showcased its advanced technologies, capable of producing over 5,000 tons of marine finfish and 21 million juveniles annually. The subsidiary’s emphasis on sustainable aquaculture practices drew significant interest from international investors eager to expand eco-friendly seafood production.
OSARA, FDO’s shrimp aquaculture arm, which operates a 700-hectare shrimp farm using unpolluted seawater, attracted interest from Russian and European markets. The company has a capacity to produce 10,000 tonnes of Pacific White Shrimp per year, Lastly, FDO’s commercial fishing arm, Oman Pelagic, which specialises in pelagic and mesopelagic species with a focus on supplying premium tuna for global markets, showcased its sustainable fishing methods and advanced freezing technology, which garnered attention from buyers in Europe and Asia, leading to discussions on future collaborations.
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