Tamkeen and BCCI discuss ways to improve support

MANAMA: Tamkeen chairman Shaikh Mohammed bin Essa Al Khalifa has emphasised the role of coordinated efforts in achieving the highest levels of productivity, growth, and global competitiveness for Bahraini private sector institutions and workers.

He said this during a meeting with Bahrain Chamber president Sameer Abdulla Nass, while highlighting key updates on Tamkeen’s programmes in assisting the private sector.

Shaikh Mohammed said that Tamkeen’s cooperation with the chamber is aimed at increasing the contribution of Bahraini institutions to the economy, creating more high-quality job opportunities for locals, boosting businesses’ productivity and encouraging them to expand locally and globally.

During the meeting, Shaikh Mohammed praised the Chamber’s prominent role as a key enabler of the private sector’s growth, as well as its members’ participation in establishing the kingdom’s unique economic structure contributing to the non-oil GDP.

He also emphasised Tamkeen’s ongoing efforts to respond to changing market needs, and assist businesses in tapping growth opportunities to the greatest extent possible.

Concurring with the Tamkeen chairman, Mr Nass said: “It is essential to update Tamkeen’s programmes so that they sustain businesses, and boost the kingdom’s business-incubating ecosystem, which will allow it to play a bigger role in the national economy.”

“The Bahrain Chamber hopes that the proposed improvements to Tamkeen initiatives would help small and medium enterprises to overcome difficulties faced, particularly during the Covid-19 recovery period, and enable them to grow and excel. There is also a need to increase the efficiency and capacity of SMEs and enhance their competitiveness in the local labour market, which will be reflected in the development of the national economy,” he added.

The meeting came as part of a series of consultative sessions initiated by Tamkeen in May in order to incorporate the private sector’s feedback in the redesign of currently offered programmes to better meet market needs.

In this regard, Husain Rajab, chief executive of Tamkeen confirmed that the labour fund authority is engaging with private sector representatives towards maximising the outcomes of the support it provides.

He also said that this would contribute to improvements in institutional performance, raise skill levels of the workforce, and expand their role in creating disruption towards improved competitiveness.

Tamkeen aims to expand on its previous accomplishments by focusing in the next phase on the growth of Bahraini employees and businesses by promoting job opportunities and projects that achieve high added value.

Source: https://www.gdnonline.com/Details/981269


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