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Pact signed to ensure Oman's food security
February 6, 2018 | 9:40 PM
by ONA
The MoU was signed by Eng. Abdul Rahman Al Hatmi, ASYAD’s CEO and Eng. Saleh Al Shanfari, CEO of OFIC in the presence of Dr. Rashid bin Salim Al Masroori, Chairman of OFIC. -ONA
 
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Muscat: ASYAD and the Oman Food Investment Holding Company (OFIC) yesterday signed a Memorandum of Understanding (MoU) to deliver the Sultanate’s food sector to the table.

The MoU was signed by Eng. Abdul Rahman Al Hatmi, ASYAD’s CEO and Eng. Saleh Al Shanfari, CEO of OFIC in the presence of Dr. Rashid bin Salim Al Masroori, Chairman of OFIC, officials and specialists from both sides.

Dr. Rashid bin Salim Al Masroori, Chairman of OFIC, said “This MoU will enhance cooperation and partnership both organisations to meet the local growth in demand for food and establish a logistics hub to meet the global demand; ensuring food security within Oman and regionally”.

“Oman currently loses 24% of fisheries and 40% of farm output through supply chain, that can be reduced to 6% and 10% respectively. Indeed, supply chain processes and logistics for farm and food produce is intricate. In this regard, our partnership with OFIC will help meet the increasing demands for food,” said Eng. Abdul Rahman Al Hatmi, ASYAD’s CEO.



The ASYAD-OFIC MoU is committed to the development of agri- food value chains, hubs, storage and other logistics facilities in the Sultanate.

Eng. Saleh al-Shanfari, CEO of OFIC added: “Our continuous collaboration with ASYAD exemplifies the importance of cooperation between organisations to enhance Oman’s competitiveness and putting it in the forefront as a global centre for food storage, packaging and exporting to the regional market”.

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