Saudi Arabia's Human Resources Development Fund has helped more than 153,000 Saudi men and women get employed in the private sector during the first half of 2024, Saudi Press Agency (SPA) reported on Tuesday.
Turki bin Abdullah Al-Jawini, Director-General of the Fund, said that the fund disbursed SAR3.79 billion (AED3.71 billion) to private sector establishments for training, employment, and empowerment support programmes during this period. About 1.4 million Saudi men and women and some 100,000 establishments operating in vital sectors in the Kingdom benefited from the programme, he added.
Al-Jawini also stressed that the fund is keen to keep pace with the development witnessed by all fields in the Kingdom, as well as with the needs of the business sector and the demand for skilled national workforce.
The fund, he said, endeavours constantly to develop Saudis' skills, increase their participation in the labour market, and encourage the private sector to contribute to localisation. It also works to boost partnerships with entities concerned with training, employing, and empowering the national workforce, and increasing their competitiveness and continuity in the labour market.
Al-Jawini added that the fund's programmes and services have helped increase the benefit of individuals and establishments, and stressed the fund's continuous efforts to keep pace with labour market changes and requirements.
The fund is also working on developing training, empowerment, and guidance support programmes targeting national personnel, contributing to achieving the objectives of the Saudi Vision 2030 concerning human capacity development and labour market strategy.
