Oman Daily Observer

PEIE team visits Kuwait Cooperativ­e Societies Union

- BUSINESS REPORTER MUSCAT, MARCH 20

A delegation representi­ng the Public Establishm­ent for Industrial Estates (PEIE) yesterday visited the Kuwait Union of Consumer Cooperativ­e Societies to get acquainted with their leading experience in consumer cooperativ­e societies at the regional level, explore potential mutual cooperatio­n, and discuss mechanisms of entering Omani products to Kuwait’s consumer cooperativ­e societies.

The officials were received by Ali bin Hashem al Kandari, Chairman of Kuwait Union of Consumer Cooperativ­e Societies, who briefed the PEIE delegates on the union and its objectives. Al Kandari stated that the legal basis for consumer cooperativ­es was establishe­d in 1962.

“The first official consumer cooperativ­e society was establishe­d in 1962 in Kaifan, followed by the establishm­ent of other consumer cooperativ­e societies. Today, there are more than 40 cooperativ­e societies in Kuwait,” Al Kandari said, adding: “The Union of Consumer Cooperativ­e Societies was establishe­d in 1971, aimed at carrying out studies and research in related fields, providing advice and technical expertise to its member societies, exploring possible ways and means to solve problems that may exist in any member societies at the request of the concerned society, resolving any disputes that may arise between the member societies at the request of the dispute parties and therefore the decision of union is binding, in addition to organising training courses for the societies’ workforce, among other objectives.”

Omar bin Mohamed Muqaibal, Director-general of Marketing and Media at PEIE, briefed the Union on the industrial march in the Sultanate, He explained the vision of PEIE, which is to enhance the Sultanate’s position as a leading regional centre of manufactur­ing, ICT, innovation and entreprene­urship excellence, and its mission in attracting industrial investment­s and providing continued support, through regionally and globally competitiv­e strategies, good infrastruc­ture, value adding services, and easy government­al processes.

Hamood al Balushi, Director of Omani Products’ Department at PEIE, emphasised the importance of this visit to get acquainted with the efforts undertaken by the union as well as introduce the union’s officials with the Omani products and explore the mechanism of exporting these products to Kuwait’s consumer cooperativ­e societies.

Al Balushi briefed the union’s officials on Origin Oman Campaign, which is designed to encourage consumers and organisati­ons to buy Oman made goods and services, promote national pride in the manufactur­ing industry and highlight the economic significan­ce of choosing and buying locally manufactur­ed products and services.

Al Balushi briefed the union’s officials on Origin Oman Campaign, which is designed to encourage consumers and organisati­ons to buy Oman made goods and services

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