Oman is advancing its economic diversification and sustainable growth, with food security becoming a key pillar in its broader development strategy, according to Oman Daily Observer. The recently released 2023 data highlights significant progress in domestic food production, demonstrating the country’s commitment to self-sufficiency and economic resilience.
In 2023, Oman produced 792,000 tonnes of fish, 443,000 tonnes of livestock, and over 3.7 million tonnes of plant products, showcasing a strong capacity for domestic food production. These achievements align with Oman Vision 2040, which prioritizes food security as a cornerstone of long-term economic stability. From 2019 to 2023, livestock production grew by 10.1%, while plant production increased by 5.2%, signaling reduced reliance on food imports.
Investment has been crucial to this transformation. The 2023 data shows 48 new projects valued at $286 million (RO 110 million), with 107 additional investment opportunities identified. These figures reflect the growing importance of the agri-food sector and the private sector’s potential role in driving economic growth, job creation, and innovation.
Oman’s focus on innovation and modernization, including precision farming and sustainable fisheries, positions it as a future leader in regional food security. By scaling up production and enhancing export infrastructure, Oman is poised to become a food export hub within the Gulf Cooperation Council (GCC).
Oman’s achievements in food production not only underscore its ambition for self-sufficiency but also reflect its broader efforts to diversify the economy. The success of the food sector plays a critical role in Oman Vision 2040, offering opportunities for new industries, foreign investment, and innovation, all while ensuring future food security and economic prosperity.
With continued investment and a focus on innovation, Oman has the potential to not only meet domestic food demands but also become a key player in regional and global food markets. This progress marks a significant step in the nation’s path toward economic diversification and long-term growth.
