Aquaculture industry set for major growth

  • Date: 27-Mar-2023
  • Source: Muscat Daily
  • Sector:Industrial
  • Country:Oman
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Aquaculture industry set for major growth



Muscat – Blue Aqua International, Bahwan Services and Trading LLC (BSTL), and Muscat Investment House (MIH) have announced a strategic partnership to develop major aquaculture projects in Oman and Singapore.

The partnership aims to support the sustainable growth of the aquaculture industry and address the global food security concerns.Singapore-based Blue Aqua International will partner with BSTL and MIH on multi-phase aquaculture development projects in Oman.

These include the country’s first state-of-the-art aqua feed mill with a production capacity upwards of 30,000 tonnes, a high-tech trout farm with a capacity to produce 3,000 tonnes and a super-intensive shrimp farm using Blue Aqua’s patented Mixotrophic System to produce 1,000 tonnes of shrimp annually.

With this partnership, the three companies aim to support Oman’s Vision 2040 by creating a world-class aquaculture project in the country, which will contribute to the economic diversification and growth of Oman while also addressing the increasing demand for sustainable seafood products globally.

“This partnership is a significant step towards the development of Oman’s aquaculture sector and underscores the potential of the country to become a major player in the global seafood market,” said Dr Farshad Shishehchian, CEO of Blue Aqua International.

“With our cutting-edge technology and BSTL’s expertise in project management and execution,