SEZAD and PDO Sign MoU to Train Jobseekers

Source: 3/8/2017, Location: Middle East

The Special Economic Zone Authority in Duqm (SEZAD) and Petroleum Development Oman (PDO) signed a Memorandum of Understanding (MoU) that provides for the development of a joint mechanism for co-operation in various fields related to the training and employment of jobseekers.

H.E. Yahya bin Said bin Abdullah Al-Jabri, SEZAD Chairperson, signed the MoU on behalf of SEZAD, while Mr. Raoul Restucci, Managing Director of PDO, signed it on behalf of PDO.

The MoU aims to qualify young Omanis to get proper job opportunities in various projects implemented in SEZD to realise the joint objectives of SEZAD and PDO and their efforts to achieve sustainable development.

The MoU stipulates that SEZAD will identify training employment opportunities in co-ordination with the companies and institutions operating in SEZAD with a view to providing employment opportunities for Omani youth in SEZAD while PDO will support and, where possible, fund the initiative. The companies and institutions that employ young people will also support by paying a monthly grant and social security costs.

The MoU also includes direct employment opportunities, which SEZAD will identify in co-ordination with the companies and institutions operating there. The two parties will choose the training entity and in accordance with the professional standards and controls issued by the Ministry of Manpower.

The renewable 3-year MoU also stipulates that the parties will exchange experiences and best practices in areas that benefit SEZAD and PDO. These will include best practice in the field of financing training programs, investor management, one-stop programs for the development of local communities and the establishment of civil companies in concession areas. The agreement also covers the co-operation and exchange of experiences in social investment and tourism projects within SEZD along with value-added programs.

PDO Managing Director Raoul Restucci said: “This agreement strengthens our relationship with SEZAD which is an important significant enabler to the economic sustainability of Oman and the creation of job and training opportunities for nationals.

“PDO is already routing cargoes through Duqm as its builds its presence as a key regional logistics hub and is committed to helping SEZAD develop Omani capability and capacity as the Sultanate diversifies its economy.

“We are delighted to sign this MoU which bolsters our already strong partnership with SEZAD and complements our key relationships with the well-established ports at Sohar and Salalah.”

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