Investments in ‘Nitaj’ generate value worth OMR457 million

Muscat: Oman Food Investment Holding company 'Nitaj', an affiliate of Oman Investment Authority (OIA), is working to promote sustainable agriculture and food security in Oman.

The company has undertaken 11 projects since its establishment in 2012  and generated an overall value of about OMR457 million until the end of September 2023,  according to a recent report issued by the company.

Mohammed Al Harthy, CEO of the Oman Food Investment Holding Company 'Nitaj', said: "The company aims to invest in food projects in cooperation with the private sector to achieve self-sufficiency in basic food products and enhance food security in the Sultanate of Oman. This is in line with the Oman 2040 Vision."...