The Ministry of Agriculture and Fisheries Wealth worked together with the World Bank over a two-year period in the improvement of a Fisheries and Aquaculture Vision 2040 (the Vision), a program of work that included broad partner engagement. (88) The Sultanate of Oman’s fisheries and aquaculture assets are a wellspring of impressive success for all Omanis. The need to concentrate on this inexhaustible asset is much more pivotal right now, and this is additionally in accordance with the continuous endeavors towards monetary broadening in the Sultanate. Significantly, the up and coming five-year improvement arrange incorporates fisheries as a vital part in the enhancement prepare. The Fisheries and Aquaculture Vision 2040 is subsequently an imperative and convenient commitment to the Oman fisheries division, with an objective to make a “beneficial world class area that is naturally economical and a net supporter of Oman’s economy”. (89) In accomplishing this objective, we should fabricate the part in a way that will guarantee salary levels from the fisheries and aquaculture part are alluring and aggressive with different segments of the economy. The Ministry can accomplish this by setting up approaches that will urge private interests to recognize and catch the economical monetary capability of our fisheries and aquaculture. “The Goal of Vision 2040 is to create a profitable world class sector that is ecologically sustainable and a net contributor to Oman’s economy”. (90)

Vision 2040 depicts five major steps that are required, to set up the fragile blend of key arrangements, hierarchical structures, and procedures important to figure it out the Vision 2040 objective. The five stages are as per the following, and as portrayed in outline underneath: (91)

• Characterizing the status of the fisheries asset to a level comprehended and acknowledged by all partners – the essential data required to deal with Oman’s marine asset must be created, checked on and concurred.
• Characterizing fisheries administration units that will end up being the establishment of future administration exercises – data to help characterize proper units for administration of fisheries should be gathered and assessed and genuine administration units decided.
• Concurring and setting up successful partner based administration administrations around characterized administration units – partner drove administration essentially requires the recognizable proof of partners, and their individual and aggregate lawful rights and duties regarding reaping and administration of fisheries.
• Creating and keeping up reasonable administration frameworks through partner drawn in administration – guaranteeing that the supply of fish stays feasible requires the foundation and adroit operation of fisheries administration game plans redone to the requirements of every fishery.
• Creating practical and productive esteem chain – a world-class gainful fisheries part is financially practical with the inward ability to distinguish and react to open doors for, and dangers to, the creation and safeguarding of riches from the utilization of Oman’s fisheries and aquaculture assets.