Oman Food Investment Holding Company (OFIC), a wholly government-owned food sector investment flagship, will spearhead the setting up of a major red meat farm and processing project, the largest of its kind in the world, in the sultanate, said a report.

The venture, one of several projects and initiatives currently under planning and development in support of the sultanate’s food security goals, is proposed to be established in Salalah in Dhofar Governorate, added the Oman Daily Observer report.

Speaking at the recent Oman Economic, Industrial & Free Zone Summit 2019, Engineer Salah Al Shanfari, chief executive officer, OFIC, said: “We are developing the largest red meat farm in the world with a capacity of 1.3 million head of animals as an integrated project.”

“It will feature a state-of-the-art slaughter house of 18,000-sq-m, offering a full rendering process that ensures that not a single piece of the animal will go to waste. We are utilising the latest technology to capture all possible by-products and convert them into value added products,” he added.

Taking part in a panel discussion on investment opportunities in Oman, the official urged interested international investors to invest or partner with OFI in the development of the large portfolio of food-related ventures lined up for implementation by OFIC in the sultanate, added the report.