Omani Bioproducts Co. plans to build a factory to produce animal feed and aquafeed at the Khazaen Economic City in Muscat, Oman, according to reports.
The factory will be built in three phases, with an estimated investment cost of OMR37 million (US$96.1 million). Construction is expected to begin before the end of 2023.
The new factory will produce approximately 100,000 metric tons annually of alternative grass feed made from agricultural residues enriched with dates, and approximately 300,000 metric tons annually of marine animal feed for shrimp and cage-cultured fish.
The project will use locally available raw materials to cover the needs of newly established food security projects in the field of red meat, dairy products, aquaculture and marine agriculture, in addition to serving the export market. The project aims to benefit from agricultural and biological byproducts, transform them into specialized value-added products, and recycle date byproducts, which include date kernels, pulp and palm fronds.
Omani Bioproducts Co. was established in partnership between the Nakheel Oman Development Co. and Omani Mills Group, which are affiliated with the Oman Food Investment Holding Co. It is a model of joint work between companies owned by the Oman Investment Authority.