Deal signed to create more jobs
MUSCAT: A memorandum of understanding was signed by the Public Establishment for Industrial Estates (PEIE) with the National Training Fund to facilitate full time employment of trainees.
The MoU aims at facilitating employment of trainees on a full time basis following successful completion of their training programme, according to a press release.
The National Training Fund will finance the training programme after the trainees are allocated to companies undertaking manufacturing and trading in the industrial estates under the Public Establishment for Industrial Estates in various governorates of the Sultanate.
The MoU was signed by Dr. Mohammed bin Hamad Al Rumhy, Minister of Oil and Gas and also the chairman of the National Training Fund, and Hilal bin Hamad Al Hasani, the chief executive officer of the PEIE.
The MoU comes in line with the vision of the National Training Fund to build a competitive workforce globally, enhance the capabilities of the national workforce, bridge the gap between market supply and demand, foster collaboration amongst sectors to identify employment opportunities and understand current requirements as well as future needs.
As per the MoU, the PEIE will be responsible for communication with the operating companies in the industrial estates in terms of training needs and requirements and the payment of the monthly salary agreed to during the programme. The PEIE would also coordinate in terms of registration of trainees with the Public Authority for Social Insurance (PASI) after signing the agreement with the related parties.
The PEIE will also encourage companies operating in various industrial estates to pay their trainee-related contributions to the PASI. The PEIE will follow up with the companies for immediate employment of trainees once they successfully complete their training programme.