date:Jul 12, 2012
be increased to RO150 million at a later stage. What we are really aiming for is executing the plan efficiently.
The majority of funds would go towards the infrastructure development which primarily includes building fishing ports in every coastal town. Currently, there are 21 fishing ports and six are being planned to be constructed in the next two to three years. In addition to infrastructure and fleet development, we are planning for development of markets; value added products and the proc