أثر قانون استثمار رأس المال الأجنبي على البرنامج الوطني العماني للتشغيل. | ||||
| Minia Journal of Agricultural Research and Development | ||||
| Volume 45, Issue 2, June 2025, Page 115-129 PDF (515.73 K) | ||||
| DOI: 10.21608/mjard.2025.426335 | ||||
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| Abstract | ||||
| This study aimed to analyze the impact of the Foreign Capital Investment Law on Oman's National Employment Program, focusing on its role in enhancing local employment and achieving the economic diversification goals of Oman Vision 2040. The research was conducted during the period from 2019 (the year the law was enacted) to 2024, utilizing official data and both quantitative and qualitative analysis. The findings revealed that the law contributed to attracting $5 billion in foreign direct investment by 2024, while reducing unemployment rates from 17% to 12% and increasing Omani employment in the private sector to 21%. The study also identified key challenges, particularly the skills gap between graduates and the requirements of foreign investors. Recommendations emphasized strengthening monitoring mechanisms for localization quotas, developing specialized training programs in technical sectors, and enhancing incentives for companies compliant with local employment policies. The study further advocated for stronger public-private partnerships, adoption of successful international models, and focused empowerment of women and youth in the labor market. These recommendations aim to create effective integration between investment policies and employment objectives, aligning with Oman Vision 2040's goals for building a diversified and sustainable economy. | ||||
| Keywords | ||||
| Foreign Investment Law; National Employment Program; Foreign Direct Investment; Sustainable Development | ||||
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