As we said before, there are three elements which need to be addressed in depth in order to achieve the next levels of Omanisation: Labour substitution by capital to raise the wage headroom, improving skills/human resource development (HRD), and legislation and regulation.
In the past the focus has been on the percentages of Omanis employed on an industry specific basis.
According to a recently released population study by the National Centre for Statistics and Information (NCSI), Omanis constitute 56.1 per cent of the population ( 2,281,771), while expatriates comprise 43.9 per cent of the total population (1,782,889).
Clearly in a capital-as opposed to labour-heavy world, people require higher skill levels.
In my previous article I mentioned that more businesses will need to be able to compete with international companies since there will be more 100 per cent foreign-owned businesses in Oman in future.