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National Veterinary Vaccines Company

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National Veterinary Vaccines Company

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The company, established in late 2019, aims to contribute to the demand in Arab countries for essential, commonly used vaccines, such as those for livestock foot-and mouth disease, bird flu and Newcastle disease, among others.

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Free Zone Port of Sohar-Sultanate of Oman

Contact address
  • Icon Ghala, Bousher, Muscat Governorate
    (+968) 993 12289
  • Icon ali.alsahmy@nvvco.com
  • Icon P.O. Box61, Zip code: 134
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Designed capacity

The maximum production capacity is 2.7 billion doses (tenth years)

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Capital and shareholders

The Initial capital is OMR 200 thousand, and shareholders are:

  • – AAAID: 50%
  • – Oman Food Investment Holding Company (SAOC): 50%
  • AAAID

  • Oman Food Investment Holding Company (SAOC)

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Average sales

The company's sales at stability year (the tenth year of production) are estimated at USD 78.7 million

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Market share

The market share is estimated at 1% in 2026-2027 and graded to 10% in 2028-2029 and 20% in 2035.

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Company products

- Foot Mouth Disease (FMD) vaccine
- Newcastle vaccine, bird flu vaccine, and others.

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Investment cost

The total investment cost of the project is USD 104 million, representing investment cost of USD 52.1 Million at phase I and USD 51.9 million at phase II.

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Financial indicators

  • IRR:
  • – Project: 18%
  • – Equity: 23%
  • NPV: OMR 40.4 million

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Required finance

The two phases will be financed by 58% loans and 42% Equity.

Learn about the investment opportunities in:National Veterinary Vaccines Company

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Participation in equity and/or Provision of loans to complete implementation of project components.