The Deputy Amir with Dr Mohammad Mohsin Al- Busairi.
‘Private sector to be main employer’ GMRP eyes creative means to actualize plan

KUWAIT CITY, Feb 19: The Secretary General of Government Manpower and Restructuring Program (GMRP) Fawzi Al-Mijdali says GMRP has ideas to make private sector the major national manpower employer, with creative means to develop manpower to work in the private sector and curb unemployment in the county, reports Al-Qabas daily.

Al-Mijdali added GMRP in the last 11 years has managed to get almost 70,000 citizens to work in private sector, although a significant number of these personnel sneaked out to work in government sector after receiving salary increment and promotions.

He added the government acceded to the call by GMRP to support national manpower in the private sector with approval of financial support that is considered the highest in history, in order to induce nationals to work in private companies.

He indicated GMRP managed to reduce the rate of unemployment in the country by 8 percent in 2001 to 4 percent in 2012, which he stressed is a major achievement rooted in relentless efforts.

He affirmed that employment opportunities are usually created by the government through support and development projects the GMRP benefits from, such as creating job opportunities in projects like the Mubarak port, Boubyan and Metro implementation, adding the number of jobs in these projects will be specified in coming years.

Al-Mijdali reiterated the program is waiting for the new percentage of national manpower in the private companies as specified by Cabinet-wherein the new proposal is likely to create 20,000 jobs in the next two years. It also involves implementation of penalty six months after endorsement.

Meanwhile, a host of lawmakers and academics agreed on the necessity to reconsider the B.O.T law in order for it to go in tandem with Kuwait’s aspiration to become a regional financial hub.

During a discussion panel held on the sideline of a conference on the role of the private sector in development projects, the experts asserted that the current law does not address all obstacles and challenges facing investors, both local and foreign ones.

A bill as significant as the B.O.T should’ve been examined by development experts before being ratified, “a step that never took place,” MP Yaqoub Al-Sanee said.

He added that the law, despite its simplicity, managed to fulfill needs of the private sector and succeeded in sealing the deal on a number of vital projects.

Al-Sane pointed out that of the major shortcomings of the bill were the articles stipulating the prohibition of land reclamation or having projects in private real estate.

On his part, Law Professor at Kuwait University Dr Fayez Al-Kandari saw urgency to re-arrange the current law due to the fact that it is overwhelmed with details and overprotective of public funds.

He added that financing means also needed to be clarified in the law, explaining that Kuwaiti banks are willing to finance B.O.T projects, yet fear legislative complexities of the bill.

Read By: 4093
Comments: 0

You must login to add comments ...
 Existing Member Login      
(Your Email Address)
   Not a member yet ?
   Forgot Password ?

About Us   |   RSS   |   Contact Us   |   Feedback   |   Advertise With Us