Majlis Issue 13 - New Seite 31

Hinweis: Dies ist eine maschinenlesbare No-Flash Ansicht.
Klicken Sie hier um zur Online-Version zu gelangen.

Inhalt

29 Focus Oman The major livestock products were eggs 236m milk 724 100 tonnes poultry meat 41 800 tonnes and red meat 24 970 tonnes Due to the population increase rising income and purchasing power the current development moves towards an excess demand for poultry and livestock products or even to a growing gap between demand and supply Due to this fact the current situation offers local producers and foreign suppliers the chance to raise their businesses Challenges exist such as lack of sufficient water supply for agriculture The result of the dry climate and diminishing aquifer levels is decreasing water supply Hence a certain share of the arable land cannot be cultivated due to a lack of sufficient water supply The demand for potable water is predicted to rise from 216m gallons per day in 2012 to 318m in 2019 A possibility to tackle this challenge is the implementation of dam projects and desalination plants The Ministry of Regional Municipalities and Water Resources announced in mid 2013 that three dam projects will be implemented which are located in Nizwa Ad Dakhiliyah governorate in Izki Ad Dakhiliyah governorate and in Seeb Muscat governorate Fisheries In 2012 the catch by Omani fishermen was 191 000 tonnes an increase of 33 000 tonnes in comparison to the previous year That year the catch generated revenue of 142m OMR 369m USD The Ministry of Agriculture and Fisheries estimates the turnover to grow beyond 1bn USD in 2030 Omani fish is exported to states around the Gulf and also to the rest of the world In the Sultanate 15 companies are involved in fishing of which two are registered on the stock market The eighth five year plan also allocates 100m OMR 160m USD to fisheries projects including investments in port infrastructure Moreover it has already permitted larger investments until 2020 Thus the fisheries sector expects considerable growth OMANI FISH IS EXPORTED TO STATES AROUND THE GULF AND THE REST OF THE WORLD Speaking to local media Hamed Said Al Oufi the Undersecretary for Fisheries at the MAF said By 2020 there will be 31 fishing ports in all Each port will have land available for investors to set up their own projects In 2011 the fisheries sector employed 2 4 per cent of the total workforce and had a share of 34 per cent in agricultural production However in the fisheries sector there is a real threat of overfishing According to the Ministry of Agriculture and Fisheries over exploitation has led to a declining catch of shrimps in recent years namely a decrease from 854 tonnes of shrimp in 2010 to 792 tonnes in 2012 Due to this the Sultanate passes certain measures by imposing fishing quotas or shorter fishing seasons to counteract overfishing On the other hand Omani fishing companies should closely monitor current and future regulations by the government for instance regulations that will affect the size of their fleets Aquaculture One promising sector to achieve constant food sustainability is aquaculture or aquafarming Aquaculture outputs are industrial controlled resources meaning that in a targeted area only one species is cultivated and after a while exploited In past years the focus on this sector was intensively neglected Nevertheless the Omani government has already recognised its potential hence included in the governments eighth five year development plan Furthermore local and foreign investors are invited to participate in this emerging industry sector In 2012 the outcome of aquaculture farms was 200 tonnes However the current plan is to raise the output to 200 000 tonnes in 2030 leading to an additional 340m OMR 884m USD in turnover Currently the Omani government has issued one licence to run a private owned shrimp farm that will complement the fisheries zone at Duqm port This project encompasses a total investment of 40m OMR 104m USD and is targeted to run from 2015 For now the aquaculture industry faces a lack of hatcheries and feed production plants yet these challenges can offer interesting opportunities for potential investors to contribute to the growth of this industry which will provide more jobs to the Omani population creating in country value while contributing to food sustainability Outlook what does this mean for your business As the government plans to invest a large amount to boost domestic agricultural sector companies are invited to benefit from this development by tenders and contracts In addition companies can also benefit from the establishment of new agricultural sectors to bring in the required know how Sources THE REPORT Oman 2014 by Oxford Business Group GCC Food Industry by Alpen Capital Investment Banking Paul Danzer Intern at German Industry and Commerce Office AHK Oman