The agriculture and fishing sector was the best performing industry last year, rising 7.4%, even as Oman’s GDP  at current prices fell 4%, with nearly 166,000 people employed by the sector, an 11.7%  increase over nearly a decade.
Oman’s ambitions to boost food production go beyond fishing. The country’s 2040 Sustainable Agriculture and Rural Development Strategy has an overarching plan to promote sustainable agriculture, attract investment, create jobs and limit structural imbalances in the agricultural sector. The strategy is focused on assessing food demand, developing local food production and securing imports.
The country is ranked 46th among 113 nations in the Economist Intelligence Unit’s Global Food Security Index. Oman’s overall food self-sufficiency in local production versus food imports stood at 79% in 2018, according to the Supreme Council for Planning. 
That was possible thanks to US$ 4.9 billion in agriculture and fisheries-related infrastructure projects during the eighth five-year economic development plan of 2011-15. The Tanfeedh diversification plan has built on that momentum.
“Food sector has consistently been growing and developing in the sultanate, resulting in a large amount of self-reliance across many areas. Dairy production has been at the vanguard of this self-reliance and this initiative sees further development with the establishment of Mazoon Dairy Company, which will meet almost 90% of Oman’s needs,” according to the ISFU’s  latest annual report.
The government is aiming to raise the headcount of cows from 4,000 currently to 25,000 by 2026, and expand milk capacity to 985 million litres by 2040, nearly a fivefold rise from current levels.
The Oman Food Investment Holding Co. 
(OFIHC) a government-owned entity mandated to boost the country’s food security, is working on a number of projects.
These include, A’Namaa Project in Ibri, which will also boost meat production capacity by 60,000 metric tonnes per annum. Osool Poultry Plant aims to increase Oman’s egg self-sufficiency by as much as 85%, and serve as an export plant for neighbouring GCC states.
Other initiatives, such as Al Bashayer Meat Project and Oman Oilseeds Crushing, are either planned or under way.
Some of the OFIHC’s other planned projects include a private equity food fund in partnership with the Public Authority for Stores and Food Reserves to enhance food security and generate returns.
An Oman Commodity Platform will establish an online commodity trading platform as a sole procurement window for OFIHC  subsidiaries and other food sector players who subscribe to the platform.
“Developing a digital platform for B2B online trading for physical commodities will allow for competitive deals, better pricing, transparency, and higher efficiency,” according to the company.
A food logistics company and an integrated coconut farm are some of the other projects planned.
In addition, a food techno park is also being considered to utilise latest technologies such as aquaponics and innovations in sustainable agriculture in desert conditions. The economic zone will promote innovation in food processing, nurture small and medium enterprises and encourage venture capital companies to participate.
Scientific and development research on aquaponics and integrated aquaculture, conducted by the Ministry of Agriculture and Fishing and the Sultan Qaboos University, have also contributed to the development of these sub-sectors.