Muscat: The Ministry of Labour, the Ministry of Social Development, the Small and Medium Enterprises Development Authority and Oman Education & Training Investment Co. SAOG signed a cooperation agreement to qualify and train a number of job seekers from members of social security and limited income families to enable them to establish productive projects in the industrial sector as small and medium enterprises.
The purpose of this agreement is to establish small and medium companies in the industrial sector, to raise the percentage of industrial indicators, and to encourage contribution to the GDP in the industrial sector, and focus on future skills in the industrial sector in line with the "Oman Vision 2040.""
The agreement was signed by His Excellency Sayyid Salim bin Musallam Al Busaidi, Undersecretary of the Ministry of Labour for Human Resources Development, His Excellency Sheikh Rashid bin Ahmed Al Shamsi, Undersecretary of the Ministry of Social Development, Qais Bin Rashid Al Toubi, Vice President for the SMEs Development Authority, and retired Major General Hassan bin Ihsan Nasib, Chairman of the Board of Directors of Oman Education & Training Investment Co. SAOG
The agreement revolved around several items, the most important of which are: creating job opportunities for job seekers from members of social security families and limited income, training and qualifying them to be able entrepreneurs to compete and develop projects based on them, supporting the establishment of sustainable productive projects in the industrial sector, and providing support from various government agencies to ensure Sustainability of these projects, and focus on future skills in the industrial sector "Oman Vision 2040"
The role of SMEs Development Authority is to follow up the establishment and implementation of these projects to ensure their sustainability and contribute to their promotion and marketing. In addition to periodic follow-up of those in charge of these projects and to provide guidance and technical support necessary to enable them to establish effective small and medium enterprises in the industrial sector.
In addition to training courses in the areas of preparing an economic feasibility study, providing consultancy and guidance services, and providing the opportunity for incubation in business incubators supervised by the Small and Medium Enterprises Development Authority, to form a strong base of small and medium enterprises that supply the local market with products and services and meet its needs.
The training program that job seekers candidates for this initiative will be involved in, which is offered by Oman Education & Training Investment Co., includes many basic axes for establishing and managing various projects, such as strategic planning, feasibility studies, project risk management and branding, in addition to vocational training that focuses on the productive aspect of projects such as operational procedures. Calculating quantities, controlling quality, identifying equipment and devices used at work, and other axes that enable this category to establish sustainable production projects.
Oman Education & Training Investment Co. is keen to align its strategic directions with Oman Vision 2040, and the Sultanate's readiness to enter the stage of knowledge and innovation, as the initiative to qualify and train members of social security families comes to support the achievement of a set of national priorities and the objectives of Oman vision 2040, such as empowering the neediest groups and achieving an effective partnership between The government sector, the private sector and civil society in the areas of social development and sustainable economic diversification based on technology, knowledge and innovation, absorbing industrial revolutions and building national capacities for an attractive labour market that keeps pace with knowledge and technical changes.
His Excellency Sayyid Salim bin Musallam Al Busaidi, Undersecretary of the Ministry of Labour for Human Resources Development stated that this agreement comes to achieve one of the important pillars of the Oman Vision 2040 related to people, enhance the value of production and work to achieve the indicators of the annual plan of the Ministry of Labour. The agreement also expresses the concept of government integration and strengthening partnership with the private sector
Qais Al Toubi, Vice President for the SMEs Development Authority, added that the agreement comes to provide Omani youth with skills and practical experience to launch their pioneering projects according to a training program designed to qualify and establish small and medium enterprises in the industrial sector through a set of interrelated training courses aimed at building knowledge and practical aspects. And technical skills are compatible with the skills of the twenty-first century and the techniques of the fourth industrial revolution and the requirements of the labour market.