Muscat: A capability building agreement (CBA), under which 1,000 Omanis will be trained, has been signed between SV Pittie Sohar Textiles and National Training Fund. The training, to be imparted at the SV Pittie Training Centre in Sohar will equip the trainiees with the right foundational and technical skill set so they can be employed in the company’s textile project. The yarn manufacturing facility of the textile project is an entirely new enterprise in Oman and the initiative of training its workforce is as per Tanfeedh’s national development programme. The agreement was signed by Sharifa Tahir Aidid, CEO National Training Fund, and Neelima Vyas, CEO SV Pittie Sohar Textiles, under the auspices of Talal Al Rahbi, Deputy Secretary General of the Supreme Council of Planning and a key member of Tanfeedh. Through a comprehensive practice-based curriculum, the dedicated training centre in Sohar will ensure a continuous learning process for the existing, as well as prospective employees. SV Pittie Group, established in 1898, is one of the largest yarn manufacturers in India. SV Pittie Sohar Textiles is being built with an investment of US$300million on a 27-hectare area and will be equipped with 300,000 spindles and 7,000 rotors. Phase 1 of this project is scheduled to be commissioned later this month. The group hosted a high-level delegation from Oman including Sultan Al Habsi, Deputy Governor of the Central of Bank of Oman; Abdul Salam Al Murshidi, executive president of the State General Reserve Fund; Abdullah Ma’amary of the Sultan’s Special Forces Pension Fund, along with senior officials at their facility in Rajasthan, India. They dedicated the textile training centre, the largest of its kind in India, to the Sultanate by naming it “S V Pittie Sohar Research and Training Centre”. “We are grateful and honoured to welcome the officials, our valued shareholder partner in the Sultan’s Special Forces Pension Fund, our finance partner in Bank Sohar, and senior officials of the delegation. Your support and patronage plays a pivotal role in strengthening the key foundation of the sector. Together with your participation, we will build a highly capable and efficient workforce that will contribute to the long-term economic growth of this country,” Chirag Pittie, Managing Director of S V Pittie Sohar, said. A dedicated supporter of a sustainable diversified economy and its national workforce, Al Murshidi expressed his “continued commitment in realising collaborative initiatives of capability building to diversify the Omani economy in various sectors including the textile cluster in Oman”. “We congratulate Pittie Group on this unique milestone that resembles our own values of community and economic participation. Bank Sohar, being a strategic enabler of the growth of large corporate stakeholders, is always committed to supporting the national drive for economic diversification, especially through projects that deliver opportunities for sustainable growth in business, whilst creating jobs and career development opportunities for thousands of Omanis who will shape the future of our nation. Bank Sohar continues to play an effective and active role in being a partner to the economic growth and prosperity of the country and we will continue to look for such opportunities in the future,” Ahmed Al Musalmi, Chief Executive Officer of Bank Sohar, the project’s Finance Partner, said.