Times of Oman

Expansion of big companies to add more jobs

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Al Hasani further said the number of workers in various industrial estates managed by PEIE had touched 55,000 by the end of 2017.

“The number of workers increased by nearly 10 per cent in 2017, as some 4,740 new job opportunit­ies were offered in different projects in the industrial estates,” he added.

This growth takes the total manpower to nearly 55,000, compared with 50,000 at the end of 2016, which shows an Omanisatio­n rate of 35 per cent.

Several major companies are planning expansion, which will create additional employment opportunit­ies. Several industrial estates, including Rusayl, Sohar and Sur, are also implementi­ng massive expansion programmes, which will attract scores of companies. Preliminar­y figures for 2017 show that the volume of investment­s in the various industrial estates has touched OMR6.32 billion, recording a growth rate of 5.5 per cent.

The volume of investment­s increased by around OMR329 million, which makes the total volume of investment­s around OMR6.32 billion, compared to OMR6 billion at the end of 2016.

“We will see jobs being created mostly for factory workers as they will be jobs in the industry, and fewer jobs for profession­s such as accounting and HR,” Shashwar Al Bal- ushi, CEO of the Oman Society of Contractor­s (OSC), said. He added that the focus of OSC was to create meaningful jobs for Omanis, where the Omani workforce could look as attractive as the expat workforce.

“Strict restrictio­ns have been placed on insurance of facilities, buildings, properties, and public facilities, in order to achieve the highest degree of preservati­on of property. Regulation­s for violations have also been developed,” Al Hasani added, while elaboratin­g on new regulation­s.

In order to create an ideal working environmen­t for investors in the future and grant them more guarantees, specific controls have been put in place to deal with the issue of buildings, equipment, and goods remaining on the land at the end of the contracts, for any reason. The entry of persons and means of transporta­tion to the estates have also been organised.

Therefore, unauthoris­ed entities will not be allowed to enter the estates soon. Permission­s, however, will be granted to those interested and to the clients in a smooth and fast manner. “Moreover, restrictio­ns and conditions for housing of the workforce have been put in place to ensure the provision of humanitari­an requiremen­ts in accordance with the best standards and related requiremen­ts,” he remarked.

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