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Sustainability

State-backed Omani firm’s processing, shrimp investments in full flow

FDO plans to commission a third shrimp farming site to bring output to around 30,000t, to begin tuna fishing in the Indian Ocean, and to open a 27,000t-capacity factory in 2024

By Neil Ramsden | May 22, 2023 10:20 BST
Credit: FDO on LinkedIn
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Credit: SvetlanaSF/Shutterstock.com

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Fisheries Development Oman (FDO) -- founded by the government under its Oman Investment Authority to professionalize and sustainably boost the country's seafood sector -- is in full swing on several investment projects, Dawood S. Al Wahaibi, CEO of one of its divisions, told Undercurrent News. [...]

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