Abalone Farming (Sharbathat)

Sector

Ministry of Agriculture, Fisheries and Water Resources

Location

Capital Investment

10,000,000 OMR

Internal Rate of Return

13.0%

Payback Period

10 Years

Implementation Duration

0.0 Years

Land Size

30 Hectares

Description

An abalone farm located in Dhofar aiming to increase the Sultanates production in fisheries. The project targets regional markets (U.A.E and Saudi Arabia) where an increase in demand for fresh high quality abalone is needed. The project aims to achieve sustainable prices, while implementing environmentally friendly practices and achieve internationally recognized certifications.

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