Shrimp Farming (Ras Sareq)

Sector

Ministry of Agriculture, Fisheries and Water Resources

Location

Capital Investment

25,000,000 OMR

Internal Rate of Return

18.0%

Payback Period

8 Years

Implementation Duration

2.0 Years

Source

Nazdaher - Food Security Lab 20222

Land Size

159 Hectares

Description

Producing shrimp in commercial quantities with a closed recycling system and marketing it in the local and regional markets, thus supporting the food security of the Sultanate and strengthening its position among the countries exporting farmed shrimp.

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