Oman Food Capital Signs Strategic Partnership with Brazil’s JBS

Muscat, 10 Feb 2026 (ONA) — Oman Food Capital, a subsidiary of
Oman Investment Authority (OIA), has signed a strategic partnership with
Brazil’s JBS, one of the world’s largest food companies. The partnership will
see JBS operate new facilities in the Sultanate of Oman for the local
production of red meat and poultry and establish a regional export hub for
global markets, with a total investment of RO 57.7 million (USD 150 million).

This partnership translates the strategy of Oman Investment
Authority, which aims to build an integrated national food ecosystem and
maximize the benefits of agricultural and food value chains. It also reflects
OIA’s direction to attract global partners and transfer advanced knowledge and
technologies to the Omani market, thereby enhancing manufacturing industries
and increasing the added value of national products.

Under this strategic partnership, JBS will build its largest
investment in the Middle East in the meat and poultry sector. This includes
completing the construction of the integrated poultry facility of A’Namaa
Poultry in the Wilayat of Ibri, in addition to the slaughter and processing
facility for beef and mutton belonging to Al Bashayer Meat in the Wilayat of
Thumrait.

The total fixed industrial production capacity upon completion
is expected to reach approximately 300,000 tons annually, comprising 77,000
tons of beef, 20,000 tons of mutton, and 208,000 tons of poultry. This will
contribute to enhancing food security in the Sultanate of Oman and solidify Oman’s
position as a platform for producing ready-to-export halal food to regional and
global markets.

The partnership is also expected to generate over 3,000 direct
jobs in Oman over the next five years across various stages of the production
chain, enhancing local economic development, raising workforce efficiency, and
supporting the growth of the food and agricultural industries sector in the
Sultanate of Oman.

Abdulsalam Mohammed Al Murshidi, Chairman of Oman Investment
Authority (OIA) stated that this strategic partnership with a global
leader in protein production will transition Oman from a protein-importing
country to a protein-exporting one within the next three years.

In a statement to Oman News Agency (ONA), he added that the
project will commence actual red meat production this year, followed by white
meat production by the end of the same year. He expects the project to provide
around 3,000 job opportunities in both upstream and downstream food industries.

He explained that Oman aims to become a regional hub for
“halal” meat, benefiting from the global distribution network of its
partner company, which operates in 26 countries and markets its products in 180
countries worldwide. He indicated that the target production capacity exceeds
local market needs, opening broad prospects for exporting Omani protein
products (white and red meat) to international markets.

For his part, Muneer Ali Al Muneeri, Deputy Chairman of Oman
Investment Authority for Operations and Board Chairman of Oman Food Capital,
stated that the partnership is a result of the principles established by the
Authority to ensure the sustainability and efficiency of its investment assets
within the national development portfolio. This, he said, enables attracting
strategic partnerships that add value to the economy, generate new job
opportunities, enhance supply chains, contribute to the global spread of
products, and embody the priorities of the Eleventh Five-Year Plan within Oman
Vision 2040.

On his tur, Gilberto Tomazoni, Global CEO of JBS Brazil,
clarified that having the initial stages of supply chains in the region has
become a strategic necessity for the next phase, given the region’s large and
growing market. He affirmed that this solid base in Oman will enable the
company to access nearby regional markets and enhance its presence in the area.

Meanwhile, Abdullah Mohammed Al Rashdi, CEO of Oman Food Capital,
emphasized that the partnership is a pivotal step in the company’s journey
towards building an integrated and sustainable food sector based on innovation,
international partnerships, and achieving economic and social impact. It also
marks a new phase in the journey of Oman’s food sector, establishing an
effective model for strategic partnerships capable of transforming investment
opportunities into integrated production platforms with tangible economic and
social impact, he added.

This strategic partnership marks JBS’s first entry into the
initial stages of supply chains in the Middle East region. JBS is a leading
global food company with a diversified portfolio of high-quality products
including poultry, beef, lamb, fish, and plant-based proteins. It employs over
282,000 people, operates in more than 20 countries worldwide, and its portfolio
includes global brands known for quality and innovation, with products reaching
consumers in about 180 countries. The company also invests in related
activities including leather, biodiesel, collagen, fertilizers, solid waste
management, recycling, and transportation, with a strong focus on circular
economy principles.

It is noteworthy that Oman Food Capital is the specialized
investment arm in the food sector of Oman Investment Authority. It focuses on
building and managing a diversified portfolio of high-impact investments that
enhance the national food security system and achieve sustainable value aligned
with Oman Vision 2040. It owns more than 15 companies, making it a pivotal
platform for developing major food projects that enhance food security and
economic resilience.

— Ends/AH