RIYADH: Human Resources Development Fund Director-General Turki bin Abdullah Al Jawini said the fund has helped more than 153,000 Saudi men and women secure jobs in the private sector in the first half of 2024.
Saudi Arabian News Agency reported on Tuesday that Al-Jawini had disbursed 3.79 billion riyals ($1 billion) to private sector entities for training, employment and empowerment support programmes during the period.
He added that 1.4 million Saudi men and women and about 100,000 businesses operating in essential sectors in the kingdom have benefited from the programme.
Al-Jawini stressed that the fund is aimed at keeping pace with the Kingdom's development in all sectors, responding to the needs of the corporate sector and meeting the demand for skilled national manpower.
He said the fund aims to develop Saudi skills, increase their participation in the labor market, and encourage the private sector to contribute to localization. It also contributes to strengthening partnerships with institutions related to training, employment and empowerment of the national workforce, and increasing competitiveness and continuity in the labor market.
Al-Jawini said the fund’s programs and services have helped increase the benefits for individuals and businesses, and highlighted the fund’s ongoing efforts to keep pace with changes and needs in the labor market.
He said the fund is also working to develop training, capacity building and guidance support programmes for the national workforce, contributing to achieving the goals of Saudi Vision 2030 on human capacity development and labour market strategies.
