Oman Food Investment Holding Co (OFIC) announced that it is implementing four major projects at a cost of OMR270mn which are expected to enhance food security and economic diversification in the sultanate. In a statement to Oman News Agency (ONA), OFIC chairman Dr Rashid bin Salim al Masrouri said that the four projects will start production over the next three years. The major investors in the food security ventures are pension funds. Mazoon Dairy Co and A’Namma Poultry Co were recently established and a project to collect and manufacture dairy products will be established in Dhofar Governorate. Another project for red meat is also expected to be unveiled soon, according to ONA report. (Muscat Daily)