RIYADH: The Human Resources Development Fund Director-General Turki bin Abdullah Al-Jawini said the fund has helped more than 153,000 Saudi men and women find jobs in the private sector in the first half of 2024.
Al-Jawini said the fund has disbursed 3.79 billion Saudi riyals ($1 billion) to private sector enterprises for training, employment and empowerment programmes during the period, the Saudi Press Agency reported on Tuesday.
He added that 1.4 million Saudi men and women and around 100,000 businesses operating in key sectors in the Kingdom have benefited from the project.
Al-Jawini stressed the Fund’s commitment to keep pace with the Kingdom’s developments in all areas, respond to the needs of the business sector and meet the country’s demand for skilled labor.
He said the fund aims to develop the skills of Saudis, increase their participation in the labor market and encourage the private sector to contribute to local development. The fund also promotes cooperation with agencies involved in training, employment and empowerment of the country's workforce, as well as enhance competitiveness and continuity in the labor market.
Al-Jawini said the fund's projects and services benefit individuals and businesses, and stressed the fund's ongoing efforts to keep pace with changes and demands in the labor market.
He said the fund would also work on developing training, empowerment and mentoring programmes aimed at national talent, which would help achieve the objectives of Saudi Vision 2030 on human resource development and labour market strategies.
