Various investment opportunities announced in South Al Batinah

Al Musanaa: The Directorate General of Housing and Urban Planning in South Al Batinah Governorate, in coordination with the Directorate General of Agriculture, Fisheries and Water Resources, has announced the offering of 23 new investment sites in the Al Muladdah area of the Wilayat of Al Musanaa.

Covering a total area exceeding 180 acres, this initiative is part of ongoing efforts to bolster investment in the agricultural and livestock sectors and to provide opportunities for investors and entrepreneurs through the "Tatweer" platform.

Rashid bin Salim Al Mayahi, Head of the Usufruct Section at the Directorate General of Housing and Urban Planning in South Al Batinah Governorate, stated that the offering of these opportunities reflects the relevant authorities' commitment to optimising the utilisation of government land and supporting national directions towards achieving food security and enhancing sustainability. He pointed out that these initiatives contribute to attracting high-value investments and empowering entrepreneurs in productive sectors.

The offered opportunities are distributed across 16 investment prospects in the agricultural field. These include projects for the collection and sorting of agricultural products, lemon and mango cultivation, as well as the establishment of plant nurseries, thereby supporting the agricultural value chains within the governorate.

The package also includes 7 integrated opportunities combining agricultural and livestock activities. Among these are projects for breeding local goats coupled with fodder cultivation, breeding local sheep, in addition to integrated farming projects that combine aquaculture with citrus cultivation.

Al Mayahi explained that these opportunities are granted under a usufruct system for periods of up to 25 years, renewable according to applicable regulations. A package of facilitations and investment incentives is provided, including a grace period of up to five years, which enhances the attractiveness of investment in these promising sectors.

This step aligns with strategies aimed at increasing the utilisation of natural resources in the Wilayat of Al Musanaa and enhancing integration between agricultural and livestock activities. This contributes to raising production efficiency, generating added value for the local economy, alongside stimulating investment activity and creating job opportunities, in line with the economic diversification targets of the Sultanate of Oman.