Thursday, March 28, 2024 | Ramadan 17, 1445 H
broken clouds
weather
OMAN
23°C / 23°C
EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

SEZAD plans partnership development department to bolster CSR and SMEs

1034432
1034432
minus
plus

MUSCAT: The Special Economic Zone Authority in Duqm (Sezad) announced a decision to establish the Partnership and Development Department, which consists of the Corporate Social Responsibility (CSR) Section and the Small and Midsized Enterprises (SMEs) Section.


Sezad’s decision reflects its keenness to promote the ethos of corporate social responsibility and to encourage companies operating in Sezad to emphasize this side of business operations and to bolster the role of SMEs and encourage these companies to benefit from opportunities offered by Sezad.


According to the decision to establish the Partnership and Development Department, which was signed by SEZAD Chairman Yahya bin Said al Jabri, the department will establish social corporate responsibility strategy and executive mechanisms, in coordination with stakeholders in addition to meeting the requirements of government entities concerned with corporate social responsibility, forging partnerships for growth, SMEs and efforts coordination.


According to the decision, which went into effects as of last week, the Partnership and Development Department will promote the social corporate culture of Sezad among all local society groups, establish programmes and initiatives to contribute in highlighting the importance of social partnership by all components of the local society in Duqm and the Governorate of Al Wusta provinces, coordinate corporate social responsibility efforts through functions, events, programmes and activities management in SEZAD, establishing necessary mechanisms to strengthen government efforts aiming at boosting the contribution of SMEs in various economic activities in Sezad, in addition to setting the necessary executive plans and their financial requirements, including the unique identity of Sezad and managing Sezad’s programmes and initiatives in this field.


According to the decision, the Social Responsibility Section will be in charge of all issues related to the establishment of domestic, regional and international partnerships to support joint intercorporate programmes, such as charity funds and societies and other non-government organisations (NGOs) and identifying key social issues and opportunities for social programmes and initiatives based on economic, social and environmental developments.


The Social Responsibility Section will also coordinate all aspects of social responsibility programmes consistently with the visions and objectives of Sezad and encourage the implementation of innovative projects to boost levels of corporate


SHARE ARTICLE
arrow up
home icon