Memorandum Of Understanding (Mou) Under The Date Palm Innovation Project

A Memorandum of Understanding (MoU) was signed between Oman National Investments Development Company “TANMIA”, The Diwan of Royal Court and Industrial Innovation Centre “IIC” under the Date Palm Innovation Project. The memorandum aims toward exploring feasibility plan with regards to products from dates and palm trees waste by products.

The Date Palm Innovation Project aims toward enhancing value addition by engaging a network of scientists and specialized innovation agencies to explore the global horizons of innovative investment opportunities related to dates and date palm by-products. The project will capitalize on strategic global partnerships, intellectual property rights, technology transfer, building human capital and knowledge base.

The project was embraced by The National Program for Economic Diversification “TANFEEDH” as a result of the Manufacturing Industries lab forming a huge potential and an integrative part with the Diwan’s One Million Palm Tree Project. The MoU opens new horizons for the One Million Palm Tree Project as it would allow the project to add further value to the economy by utilizing its outputs.