30 usufruct agreements inked to boost agricultural sector in Dhofar

30 usufruct agreements inked to boost agricultural sector in Dhofar

30 usufruct agreements inked to boost agricultural sector in Dhofar

11 May 2023

By OUR CORRESPONDENT

Muscat – The Ministry of Housing and Urban Planning signed 30 usufruct contracts on Thursday to establish agricultural projects worth over RO1mn on a total area of 1.260mn sqm. The projects located in Dhofar, aim to diversify sources of food security within the objectives of Oman Vision 2040. H E Hamad bin Ali al Nazwani, MHUP Undersecretary, signed the agreements with representatives of the investment projects.

The usufruct lands programme aims to achieve sustainable exploitation and investment of government lands in the sultanate with a specific area in its various sectors such as agricultural, commercial, industrial and tourism lands. As part of the national strategy for the development of governorates, Oman must use modern and innovative scientific methods in order to meet its needs for food security projects.

Meanwhile, the usufruct contracts for the year 2022 amounted to 500 contracts with fees collected at a value of RO7.5mn in seven sectors, namely, the industrial and commercial sectors, fuel stations and services, food security, education, sports and health sectors.