Oman`s Be’ah and Nitaj advance energy and farming projects

16/07/24

Oman`s Be’ah municipal waste management agency is implementing initiatives and strategies aimed at unlocking energy and other value streams from waste.

Projects in various stages of early development include a utility-scale Waste-to-energy (WTE) system, a biogas plant and green waste conversion schemes. Further initiatives are in the planning stage to support the recycling of Lead Acid Batteries (LAB), tyres, construction and demolition waste, cardboard and paper, PET bottles, electrical and electronic waste and used cooking oil. Be’ah is spearheading the initiative in collaboration with Nama Power and Water Procurement Company (PWP). Such projects offer opportunities to established local companies as well as international enterprises looking to commence activity in the Sultanate.

In addition, Be’ah and Sultan Qaboos University (SQU) are developing a Reuse Centre specialising in repurposing and recycling in an effort to minimise waste and encourage sustainable consumption. In Al Batinah North Governorate, Be’ah has signed agreements with local Omani Small and Medium Enterprises (SMEs) to maximise the utilisation of green waste from the Suhar landfill. As a result, commercially valuable products will be created while reducing the landfill burden.

In further project related news, Oman Food Investment Holding Company (Nitaj), the food sector development arm of Oman Investment Authority (OIA) is entering contractual arrangements that enable farm produce — primarily wheat, dates, cow and camel milk — to be procured by government backed food sector companies. As a result, there are huge opportunities for Omani farmers as well as overseas businesses wishing to establish agricultural sector operations in the Sultanate.

Currently, three Nitaj subsidiaries — Nakheel Oman Development, Oman Flour Mills and Al Morooj Dairy are actively engaging in this initiative. Figures show that Al Morooj Dairy has nearly doubled the number of Omani livestock farmers to 933 for the procurement of their cow and camel milk produce. Moreover, Oman Flour Mills contracted with a total of 63 farmers in 2023, representing a 156% increase over the previous year.

Business Start Up Oman serves as the gateway to exploring the boundless opportunities within the Sultanate of Oman. Our comprehensive suite of services, including Market Research, Company Formation and Business Model Development are tailored to support entrepreneurs at every stage of their journey.

Please click the link to dive deeper into Oman's thriving business ecosystem and discover our initiatives at Business Start Up Oman.

Other News

News 11 - BSUO - Thumb

Omans Chamber Commerce signs MOUs to empower SMEs

Omans Chamber of Commerce and Industry (OCCI) recently signed three key memoranda of understanding (MOUs) in a strategic move to support the growth and sustainability of small and medium enterprises (SMES).

The...

Read more
News 10 - Thumb

Oman unveils shore power investment opportunities

Omans Sohar Port and Freezone recently revealed a strategic investment opportunity focused on the development of shore power infrastructure.

The Sohar Port and Freezones ...

Read more
News 9 - Thumb

Oman's Progress on Free Trade Agreement with Singapore

Oman has made significant strides in expanding its trade relationship with Singapore, increasing its exported products from 51 in 2000 to 135 in 2018. This growth underscores Oman’s commitment to becoming...

Read more
News 8 - Thumb

Oman’s SME sector growing with strong government support

Oman’s small and medium enterprise (SME) sector is experiencing significant growth with 141,126 registered SMEs at Q2 2024, as reported by the Authority for Small and Medium Enterprises Development....

Read more
News 7 - Thumb

Oman unveils 151 new investment opportunities

Oman`s Ministry of Housing and Urban Planning (MHUP) recently approved 151 new projects, in a bid to enhance economic growth and sectoral development. Announced on the Tatweer platform, these initiatives...

Read more
News 6 - Thumb

Oman Business Platform hits record transactions in H1 2024

Oman`s Business Platform facilitated a record 487,300 commercial transactions for the first half of 2024, figures from the Ministry of Commerce, Industry and Investment Promotion show.

During the first...

Read more
News 5 - Thumb

Oman’s Economic Growth driven by manufacturing in 2024

Oman’s Ministry of Economy reported that in the first quarter of 2024, the manufacturing sector has emerged as the leading performer among key economic diversification sectors.

This notable achievement...

Read more
News 4 - Thumb

Oman leading the way in arid agriculture innovation

Oman is revolutionising its agricultural industry by deploying innovative technology solutions to increase the Sultanates self sufficiency.

The country is embracing a groundbreaking agricultural technique...

Read more

Page Break