Food Security Lab Secures Over 100 Million Riyals in Strategic Investments

Localising the Second Billion

Oman is aggressively pushing to secure its national food supply chains. The Food Security Lab 2026 officially concluded its work today in Muscat, successfully adopting massive strategic initiatives designed to localize food industries. The intensive laboratory secured 111 massive investment projects worth over 100 million Omani riyals, alongside the implementation of 16 vital enabling initiatives. These projects are critical to achieving the government's ambitious "second billion localization" targets.

Funding Major Food Factories

His Excellency Dr. Abdul Salam bin Mohammed Al Murshidi, Chairman of the Oman Investment Authority, sponsored the closing ceremony where several high-value agreements were signed. Major deals included a 28 million riyal investment by "Omega Arabia" to establish a specialized factory producing Omega 3 from refined fish oil. Additionally, "New Crown Investment" committed over 1.5 million riyals to build an integrated beverage and dairy factory. These massive industrial projects will dramatically increase local production and raise national self-sufficiency levels by 2030.

Empowering the Private Sector

Dr. Masoud bin Sulaiman Al-Azri, General Supervisor of the laboratory, emphasized that creating a highly conducive investment environment is the only way to enhance the efficiency of national value chains. The lab identified 25 specific targeted commodities—including vegetables, grains, meat, and dairy—to direct these new investments. The government is also launching specialized units for production forecasting and drastically simplifying handling and shipping procedures to massively boost Omani food exports globally.

Track the investments securing Oman's future. Read the latest economic news on Oman Day.