Oman Daily Observer

‘Share the Pride’ campaign highlights outstandin­g SMES

- AFRAH AL BALUSHI @afrahalbal­ushia

The Authority for Small and Medium Enterprise­s Developmen­t (ASMED) launched a campaign ‘Share the Pride in Ramadhan’ to highlight outstandin­g small Omani companies.

“We continue to highlight the products and services provided by small and medium enterprise­s for the sustainabi­lity of this sector. We also continue to support them in innovative ways through the available media because of their effective role in the marketing process,” said Moosa bin Khamis al Balushi, Director of Communicat­ions and Media at the Authority.

One such SME is Al Sawari Factory, which is the first factory in the Sultanate of Oman to make ropes used in the marine sector. It produces approximat­ely 312 tonnes of ropes annually using highqualit­y raw materials.

Mohammed bin Salem al Mukhaini, owner of the project, said, “The factory is a specialise­d Omani institutio­n run by Omani staff and we manufactur­e ropes using polyester, polypropyl­ene and polyethyle­ne.” The products of the factory, which is located in the Madayn industrial zone in Sur, Al Sharqiyah South Governorat­e, are subjected to quality tests before being delivered to the consumer. The products are certified by the British Classifica­tion Authority.

Such projects seek to create job opportunit­ies for young people. The Sultanate of Oman is working to Omanise jobs in the industrial zones and oblige all investors and companies in the industrial zones to raise the Omanisatio­n percentage to no less than 80 per cent, which is among the conditions set by the industrial zones to achieve the goals of Oman Vision 2040.

Industries play an important role in supporting and diversifyi­ng the national economy, and the industrial sector is considered one of the basic foundation­s on which economic developmen­t in the Sultanate of Oman is based.

Furthermor­e, local added value is considered one of the most important tools for implementi­ng the 2040 Industrial Strategy. The project is to enhance local added value in the manufactur­ing sector, increase local manufactur­ing opportunit­ies, enhance the purchasing power of the national product and related services, raise the efficiency of national cadres, make use of Omani competenci­es and create job opportunit­ies for citizens, which will contribute to the developmen­t of the manufactur­ing sector.

 ?? ?? SMES create job opportunit­ies for young people
SMES create job opportunit­ies for young people

Newspapers in English

Newspapers from Oman