According to news reports in Oman, one project will focus on farming operations while the other will develop tuna ranching.
The seabream farming project will expand Blue Waters’ current capacity from 3,000 tonnes to 5,000 tonnes and will jumpstart development on a new marine farming area in the Wilayat of Qurayat. The total farm area will span 3.75 million square metres and cost an estimated $22.3 million.
The second $12.4 million-project will focus on tuna ranching Blue Waters will target stakeholders in international markets that import high-quality tuna. Production is expected to reach 400 tonnes each year during the first phase and will rise to 2,000 tonnes in future phases.