Oman is planning to launch a landmark milk collection and dairy processing project across its Dhofar Governorate, with the aim of benefiting over 20,000 livestock farmers, said a report.

The scheme — part of a portfolio of commercial ventures being spearheaded by state-owned Oman Food Investment Holding Co (OFIC) in support of the government’s food security strategy — is aimed at supporting sustainable farming practices in the governorate, added the Oman Daily Observer report.

It will also help in the modernisation of livestock farming among small herders and augment household incomes through the introduction of cooperative-style milk collection and processing for the first time in the Sultanate, said a top OFIC official.

OFIC is overseeing investments totalling around RO270 million ($701.3 million) in the establishment of a string of dairy, poultry and farming ventures designed to support the nation’s long-term food security objectives.

To this end, the holding company has launched a number of subsidiaries and spinoffs in partnership with state institutions, private investors and reputable international and local operators, added the report.