AFDF Board to Finance 12 Projects Worth RO One Million
Muscat, 22 Aug (ONA) — The Board of Directors of the Agricultural and Fisheries Development Fund (AFDF) today held its second meeting of the year under the chairmanship of Dr. Saud Hamoud al-Habsi, Minister of Agriculture, Fisheries and Water Resources, AFDF Board Chairman.
The meeting discussed the executive position of the funded projects and the AFDF’s financial situation in the first half of 2021.
The AFDF Board reviewed the new projects to be funded in 2021. The Board agreed to fund 12 projects worth RO one Million, including 5 in agriculture and livestock sectors, 6 in fisheries and 1 in food safety.
These projects will contribute in generating income for the fund, in addition to developing and sustaining the related sectors. They will also support the food safety system and create work opportunities.