Muscat, The Diwan of Royal Court will celebrate

at Al Wahat Club tomorrow (Monday) the establishment of Oman Dates

Development Company, in cooperation with Oman National

Investments Development Company (TANMIA). The newly established

company will be the investment arm for the One Million Date Palm

Trees Project, which was ordered by His Majesty Sultan Qaboos Bin

Said. The ceremony will be held under the auspices of Dr. Khamis bin

Saif al-Jabri, Head of the Implementation and Follow up Support Unit.

The economic perspective of the One Million Date Palm Trees

Project started early in 2017 after the signing of MoU between the

Diwan of Royal Court, represented by the Directorate General of One

Million Date Palm Trees Project and with Oman National Investments

Development Company (TANMIA) and the Industrial Innovation Center.

The MoU aimed at developing the framework for cooperation among

these parties in the investment innovation for date palms, an important

element in the economic diversification of the Sultanate as per the

vision of the National Program for Enhancing Economic Diversification

(Tanfeedh).

The joint work pillars were established through the cooperation

with specialised organisations and consultants to review the investment

opportunities and prepare the technical and financial studies. The UK

based Systemic Innovation, a specialised company in the field of

innovation, has been appointed to conduct the feasibility study for the

date palm tree products and wastes, in cooperation with the Industrial

Innovation Center.

The UK company considered more than 50 investment ideas of

which 11 promising opportunities have been selected. A database has

been created for all information and research compiled about the

project for use as guidance in the future.

The investments include assorted products extracted from date

palm trees, natural juices (energy, healthy and child drinks), as well as

products from date doughs and syrup, in addition to by-products from

the date palm tree wastes, such as natural cool, date palm lumbar,

fodder, fertilizers and others. This will be carried out, in cooperation

with specialised investors to create high quality competitive products at

the international markets.

The Diwan of Royal Court and TANMIA also agreed to develop

the legal and organisational framework for implementing these studies

and provide the necessary resources for operations. Accordingly, Oman

Dates Development Company has been created to invest in the

products extracted from joint work of the two sides. The company will

focus on after harvesting activities.

As per the Royal Directives, 11 farms were created at the One

Million Date Palm Tree Project including 600,000 date palm trees in the

Governorates of A’Dakhiliyah, North A’Sharqiyah, South A’Sharqiyah, Al

Buraimi, A’Dhahirah and Dhofar due to the availability of lands and

water.

The second stage of the project targets planting what so locally

called “Al Fardh” date palms (80% or 800,000 date palm trees), Khalas

(8% or 80,000 date palm trees), Bunaringa (4% or 40,000 date palm

trees), Al Majdool (4% or 40,000 date palm trees) and Al Fuhool (4% or

40,000 date palm trees)

The One Million Date Palm Trees Project will produce 96,000

tons of dates and about 56,000 tons of date palm products, such as

fronds, trunks, trunk bases, offshoot and others. The products will be

used to ensure maximum utilisation and avoid wasting any value of the

project’s trees.

Source: Oman News Agency