Food Security Lab 2024 kicks off

Business Sunday 06/October/2024 17:39 PM
By: ONA
Food Security Lab 2024 kicks off

Muscat: The Food Security Lab 2024 kicked off today. The event is organised by the Ministry of Agriculture, Fisheries and Water Resources in cooperation with Oman Vision 2040 Implementation Follow-up Unit, the National Programme for Investment and Exports Development, a public drive codenamed (Nazdahir), the National Employment Programme (NEP) and private sector companies.

The opening ceremony was held under the auspices of Dr. Saud Hamoud Al Habsi, Minister of Agriculture, Fisheries and Water Resources.

The lab seeks to enhance local and foreign investment in various food security sectors towards the realization of the goals of Oman Vision 2040. It will introduce a number of enablers to support the food security sector, develop a package of investment opportunities related to in-country value (ICV), boost digital transition, identify challenges posed to the ministry’s plan and improve institutional performance.

The objectives include maximizing economic return from natural resources by generating ICV-related investment opportunities, empowering local suppliers and small and medium enterprises (SMEs) and activating initiatives to support suppliers and the Omani workforce.