Tuesday 22 / October / 2024
Muscat: Sohar Flour Mills, one of the investments of the Oman Flour Mills, celebrated the inauguration of grain storage silos at Sohar Industrial Port today, under the patronage of Qais bin Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion (MoCIIP).
The investment cost of the project reached OMR21 million, with a storage capacity of 160,000 MT.
The project is considered one of the strategic national projects that aim at strengthening the country’s capability for reserving grain to ensure the availability of sufficient quantities to cover the local consumption of grains in the Sultanate of Oman for long periods.
Haitham Al Saadi, chairman of Sohar Flour Mills, said that the grain storage silos project at Sohar Industrial Port constitutes a qualitative addition to the food security system in the Sultanate of Oman, as well as it is a part of the commitments of Oman Flour Mills to contribute to strengthening food security and securing strategic reserves in the country.
Haitham Al Saadi added that the importance of this national project grows following the geopolitical conditions in the world, which affected the supply chains in general and the grain supplies in particular. Accordingly, this project comes to contribute to securing the strategic stock of grain in Oman.
The chairman also pointed out the value-added of this project toward the national economy, as it strengthens the economic diversification trends and the achieving of the goals of Oman Vision 2040, enhancing the contribution of non-oil sectors to the gross domestic product, supporting the rapid growth and contribute to developing the food and agricultural sector, as well as providing 54 permanent job opportunities, once it is fully operated.
