The flagship dairy company of the Sultanate of Oman, Mazoon Dairy, has announced the launch of fresh milk and dairy products in the Omani market.
This marks the nationwide launch of Mazoon’s first dairy product on shelves across supermarkets and shops in the Sultanate. The project opens wide opportunities in the employment market for Oman. The Project is expected to reach around 90% Omanisation in 10 years.
OFIC has promoted Mazoon Dairy Co (SAOC) to undertake the flagship dairy project for Oman since 2015. The project had a capital outlay of RO 100 Million with a Debt Equity mix of 50:50. OFIC’s contribution in the equity is 20%. The following are the highlights of this project. The farm started with approximately 4000 cows in 2017.
Mazoon Dairy is one of the most technologically advanced dairy companies in the region, with state-of-the-art facilities and equipment, from cow milking and product packaging to a logistic network to ensure that fresh products reach every Omani village. It also adopts environmentally friendly its business functions.
Net Imports (Imports- Exports) could be negative in 2040 allowing Oman to become a net exporter of dairy products. The project opens wide opportunities in the employment market for Oman. The farm can house 25,000 cows, while the factory has the most advanced technology to produce 1million liters of dairy products per day. This is in line with Oman’s strategy to achieve self-sufficiency in the food sector and produce farm-fresh dairy that this is available to customers a few hours after production.
Mazoon Dairy is a Closed Joint Stock Company with the participation of the Oman Food Investment Holding Company, National Industries and Resources Company, Civil Service Employees Pension Fund, Royal Office Pension Fund, Oman Dairy Products and Derivatives Company and Al Hosn Investment Company.
This video will explain more about the company and the potential economic growing that it has brought to Oman. Take a look.