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English news

22-Aug-2016

OMR100mn dairy project floats tender for building farm

Mazoon Dairy Company, which plans to build a major dairy farm with a capital expenditure of OMR100 million to achieve self-sufficiency in dairy production in Oman, has started major initiatives to build the project in a large area in Buraimi. A tender for pre-qualifying local companies to develop the farm, dairy plant and associated facilities at Sunaynah in Buraimi has already been floated. The proposed integrated joint venture dairy project plans to start with approximately 4,000 cows in 2017, which will grow to a herd size of 25,000 in 2026. The company will produce approximately 202mn litres in 2026, which will go up to 985mn litres in 2040. This is expected to reduce the import dependency from 69% in 2014 to 13% in 2026. (Times of Oman)

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