While explaining the number of registered companies operating in the modern area, the Branch of Retirement and Government backed retirement for Laborers, subsidiary with the Service of Work set an essential condition on Monday on conceding credits and government backing to proprietors of production lines and plants inside the modern area.
The official publication states, “the statistics on the number of companies are not fixed and differ from their counterparts in the government sector,” Kholoud Hayran, Director General of the Department, said. For example, should the registration of firm contracts rise or fall, the present count of 250 entities could evolve going forward. Likewise with the number of representatives, workers, and agreements since they are set in line with the registered companies.
“The recent resolution of the Council of Ministers and the Economic Council to help the industrial sector and factories necessitates that they be registered under the Social Security Department,” she said.
“The manufacturing plant proprietor who applies for a credit and has a 100 percent ensured laborer proportion will get an opportunity with the advance or in any field the state will uphold him and this choice was upheld by the State head.” she said.
