Value-Added Seafood Processing Facility (ISFC)

Sector

Ministry of Agriculture, Fisheries and Water Resources

Location

Capital Investment

28,000,000 OMR

Internal Rate of Return

12.0%

Payback Period

11 Years

Implementation Duration

2.0 Years

Land Size

85,000 SQ.M

Description

An upcoming Seafood cannery to be located in within the Fishery Zone of Special Economic Zone of Duqm. International Seafood Company (ISFC) will represent FDO’s initial effort to provide value-add services to raw material produced by subsidiaries and the fishery sector. The facility will have processing inflow of 27,000 tons per year of Tuna, Sardine, and Mackerel, yielding as estimated output of more than 100 million cans per year.

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