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Oman Food Investment Holding Co (SAOC)

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Oman Food Investment Holding Co (SAOC) company description

Oman Food Investment Holding Co. SAOC (OFIC) is a state-owned-enterprise (SOE) mandated to promote Oman’s food security, through partnerships with government agencies, private operators and investors. OFIC aims to boost Oman’s food security and economic well-being by investing in domestic and international food projects in partnership with food companies, investors and other stakeholders. OFIC plans to delivers its objectives by: •Developing partnerships with food companies and other stakeholders to identify project opportunities and building strong business cases for investors. •Providing guidance to management on new projects in the early stages, with minimal operational involvement in the long-term. •Establishing a holding company that can manage the government’s stake in the food sector and drive long-term financial performance.

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