Oman to build OMR 28 mn mutli-purpose fishing port in Masirah

Oman is getting a new fishing port: Oman inked a OMR 28 mn contract with Khimji Ramdas Contracting and Archimedes Marine Engineering to build a multi-purpose fishing port in Masirah, according to a statement. The port — spanning 15 hectares — will include 13 floating berths and a sand beach spanning 1.1 km as well as a breakwater extending 4.1 km along the facility. The port is forecasted to generate some OMR 23.5 mn and poised to net some 7.5k tonnes of white leg shrimps annually.

Oman’s shrimp exports: Oman exported about 419.5k kg of shrimps in 2023, at a value of USD 3.7 mn, according to World Bank trade data. The majority of shrimp exports in 2023 were earmarked for regional markets, with Egypt snapping about a third.

Not Oman’s first fishing port project: The country’s OMR 40 mn (USD 104 mn) Dibba Fishing Port located in the Musandam governorate is slated to be operational by 1Q 2025. Facilities at the port include an ice factory, a marine workshop, warehouses for fishermen, and others.