NTF

The National Training Fund (NTF), is the Sultanate’s workforce development flagship. The National Training Fund (NTF) was established by Royal Decree 48/2016, which was issued on 16 October 2016 with the mandate to develop the capabilities of the Omani workforce aimed at bridging the gap between Labour market supply and demand. In essence, it seeks to ensure that the training infra- structure in the Sultanate is suitably developed itself, in terms of its study programmes, caliber of its faculty, and delivery methodologies, in order to produce capable Omanis with skillsets tailored to the specific require- ments of the labour market.

NTF aims to foster collaboration amongst priority sectors to identify em- ployment opportunities and understand current requirements as well as future needs. In order to be able to achieve its goals, the Fund has tak- en initial steps towards evaluating the current state of training efforts, benchmarking with experienced nations, while developing a roadmap for the implementation of these goals.

Among its many objectives is a plan to map employment opportunities in strategic projects across the Sultanate. In addition, NTF aims to con- duct numerous stakeholder engagement initiatives in order to align the private, public and employment market with the main purpose of devel- oping a database that illustrates the Omani workforce supply vs. demand requirements. This will all be done in parallel while establishing the pol- icies and procedures that govern NTF.

The National Training Fund (NTF), is the Sultanate’s workforce development flagship. The National Training Fund (NTF) was established by Royal Decree 48/2016, which was issued on 16 October 2016 with the mandate to develop the capabilities of the Omani workforce aimed at bridging the gap between Labour market supply and demand. In essence, it seeks to ensure that the training infra- structure in the Sultanate is suitably developed itself, in terms of its study programmes, caliber of its faculty, and delivery methodologies, in order to produce capable Omanis with skillsets tailored to the specific require- ments of the labour market.