Brief Industry Overview
The Agriculture and Fisheries sector plays an important role in diversifying the economy of the Sultanate of Oman. Oman’s government is currently giving priority to develop the agriculture and fisheries sectors. Agriculture and fisheries contributed around 2.0 per cent to the overall Gross Domestic Product (GDP) in 2017. The country’s economic ‘vision document’ has set a target for the agriculture sector to contribute about 3.1 per cent of GDP by 2020, with an annual growth rate of not less than 4.5 per cent. It is also considered as one of the best non-oil sectors which is exported abroad and estimated to reach a total gain of about 1077 ton of agricultural products. The contribution of the fisheries sector to overall GDP has been set at 2 per cent by 2020, with an annual growth rate of 5.6 per cent. The agriculture and fishing sector is gaining prominence under the diversification programme due to a huge scope especially in fishing as Oman is endowed with a long marine belt. Investment projects can be conducted in this industry like fruit and vegetable production, dates production, irrigation tools, animals and its products such as leather, milk, meat and eggs, consultancy centers and sale of fish.
About Agro Food Oman 2019
The 3rd Agro-Food Oman along with Halal Oman will be organized by Al Nimr Expo under the patronage of the Ministry of Agriculture & Fisheries Wealth. It will be held from 22-24 April 2019 at the Oman Convention & Exhibition Centre. The expo aims to link the sector as well as the related government organizations with industry experts and suppliers by sharing innovative ideas and solutions to transform the sector, showing the potential involved toward its contribution to the Sultanates growing economy.
World Halal & Food Assembly Oman , a two day conference will be held along the Agro-Food Oman Exhibition on the 23 & 24 April. The conference will feature top international & local speakers from the sector to share their knowledge and discuss on the various challenges faced by the industry.