Oman launches “Sea-to-Shelf” program to transform fisheries sector
Investors are offered long-term incentives, access to quotas, and infrastructure support.
OMAN – Oman has unveiled a comprehensive plan to convert its fisheries sector into a fully integrated manufacturing industry centered in Duqm, aiming to move beyond a purely resource-based model.
The program, named “From Sea to Manufacturing: Leading Opportunities Shaping the Future of Fisheries and Fishing Industries in the Sultanate of Oman,” is led by the Ministry of Agriculture, Fisheries and Water Resources in collaboration with the Public Authority for Special Economic Zones and Free Zones.
The project’s main goal is to connect coastal fishing activities directly with processing, packaging, and production facilities to increase the economic return on marine resources.
Duqm Fisheries Industrial Zone has been designated as the focal point for investment, where local and international businesses can develop facilities with assured access to raw fish through regulated quotas.
Investment opportunities cover multiple species and activities, including canning plants for sea bream, grouper, sardines, and tuna, as well as filleting and processing facilities for demersal fish.
Additional projects include tuna and squid processing and packaging, supported by coastal enclosure licenses that provide predictable access to marine resources.
Fishing quotas associated with these investments range from 6,000 to 30,000 tonnes annually, allowing manufacturers to plan operations with reliable volumes and discouraging the export of raw fish.
Incentives for investors include income tax exemptions for up to 10 years, renewable twice, customs duty waivers on imports and exports, and tax-free factory equipment, while operational support includes special electricity tariffs for food security initiatives and technical assistance.
Long-term land use rights of up to 50 years are available under a clear regulatory framework, providing stability for industrial-scale projects.
The initiative positions Duqm as a key multi-sector hub, building on existing heavy industry, energy, and logistics projects while linking fisheries development to regional export routes across Asia, Africa, and the Middle East.
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