Monday, December 02, 2024 | Jumada al-ula 29, 1446 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

A cornerstone of economic growth: Food security

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Oman is on a transformative journey towards economic diversification and sustainable growth, with food security emerging as a crucial pillar in the nation’s broader development strategy. The recently released 2023 figures on food production in the Sultanate of Oman are a clear indication of the progress being made, reflecting the nation’s commitment to achieving self-sufficiency and boosting its economic resilience.


With fish production reaching an impressive 792,000 tonnes, livestock production at 443,000 tonnes, and plant production exceeding 3.7 million tonnes, Oman is demonstrating its capacity to significantly enhance domestic production. This progress is directly aligned with the objectives of Oman Vision 2040, which identifies food security as one of the key enablers of long-term economic stability. The growth rates—10.1% in livestock production and 5.2% in plant production between 2019 and 2023 — are powerful indicators of the strides Oman is making in reducing its reliance on imported food.


Investment is at the heart of this transformation.


The 2023 data highlights 48 new investment projects worth over RO 110 million, alongside 107 additional opportunities available through various development platforms. These figures signal not only the growing importance of the agri-food sector but also the potential for the private sector to play an integral role in Oman’s food production ecosystem. With the right investments, this sector could become a major driver of economic growth, contributing to job creation, innovation, and national prosperity.


As Oman continues on this path, there are clear opportunities to expand its role as a regional leader in sustainable food production. By focusing on innovation and modernisation, the country can enhance its agricultural output while adhering to global standards of sustainability.


There are clear opportunities to expand its role as a regional leader in sustainable food production.
There are clear opportunities to expand its role as a regional leader in sustainable food production.


Technologies such as precision farming, advanced irrigation systems, and sustainable fisheries management are key to ensuring the future resilience of Oman’s food supply.


Moreover, Oman is well-positioned to leverage its strategic location and resources to become a hub for food exports across the Gulf Cooperation Council (GCC) region. By scaling up production and investing in export infrastructure, Oman can contribute to food security not just within its own borders but across the region. This would further enhance the country’s economic profile, creating new markets and strengthening trade relations with neighbouring countries.


The achievements in the food production sector are not only a testament to Oman’s determination to achieve food self-sufficiency but also reflect the government’s wider efforts to diversify the economy. Oman Vision 2040 has laid out a roadmap for sustainable economic growth, and the success of the food production sector is a vital component of that vision.


It represents an opportunity for Oman to develop new industries, attract foreign investment, and foster innovation, all while securing the well-being of future generations.


Oman’s commitment to building a resilient and sustainable food production sector is a national priority, and it is clear that the progress made thus far is just the beginning. With continued investment and a focus on innovation, the Sultanate has the potential to not only meet its domestic food needs but to become a key player in the regional and global food markets.


The path ahead offers significant opportunities for economic growth and diversification. By capitalising on its natural resources, strategic location, and forward-thinking policies, Oman is creating a future where food security and economic prosperity go hand in hand. The progress we see today in the food production sector is a reflection of Oman’s ambition, and it will undoubtedly serve as a catalyst for further economic development.


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