Saturday 19 / October / 2024
Muscat: In a step that reflects the Sultanate of Oman's vision of enhancing food security and developing the economic sector, Oman Flour Mills Company OFM, and Omran Group, signed usufruct agreements to utilize lands at Sultan Qaboos Port and in the Mina District area, in total space of 60,000 square meters, above 35,000 Sqm of land out of this total space are at Sultan Qaboos Port and, 25 thousand Sqm, at the Mina District area.
These agreements include developing new projects to strengthen the storage and distribution capabilities, which will contribute to meeting the local market's demands and, enhancing the sustainability of the food sector in the Sultanate of Oman.
The implementation of these agreements will contribute to raising the storage capacity of the silos after their expansion to reach 200 thousand metric tons, as well as increasing the storage capacity of the horizontal warehouses to 76.6 thousand metric tons.
The new projects also include the use of the latest technologies in storage systems, to enhance operational efficiency and reduce losses, while new facilities will be designed with the highest standards of safety and quality to ensure the provision of a suitable environment for storing food.
The agreement was signed by Haitham bin Mohammed Al Fanah, CEO on behalf of Oman Flour Mills Company on behalf of OFM, and Dr Hashel bin Obaid Al Mahrouqi, CEO of Omran Group on behalf of the group.
Commenting on these agreements, Haitham Al Fanah, CEO of Oman Flour Mills stated: “This step is a milestone in our journey at OFM, as we aim to enhance the company’s storage and distribution capabilities, while the new projects are considered as an opportunity to strengthen our partnership with Omran Group, as OFM invests in the latest technologies to ensure the best services are being provided.”
He added that these agreements will also contribute to improving the efficiency of the company’s operations and increasing its capability to meet the growing demand for food products.
The CEO emphasized that OFM always commits to implementing high-quality standards in all aspects of its operational processes, to ensure that, the consumers receive reliable and safe products.
Al Fanah explained that the included projects embody the Sultanate of Oman’s commitment to adopting innovation and high-tech technology in the field of food security, through the use of modern storage systems to empower the food sector in improving inventory management and meeting the market demands effectively.
He stressed that the investment in modern technology enhances the national goals of reducing the environmental impact, where environmentally friendly technologies will be used in all aspects of the projects.
