RIYADH: Director General of the Human Resources Development Fund Turki bin Abdullah Al-Jawini said the fund has helped more than 153,000 Saudi men and women find employment in the private sector during the first half of 2024.
Al-Jawini said that during this period the fund disbursed SR3.79 billion ($1 billion) to private sector entities for training, employment and empowerment support programs, the Saudi Press Agency reported on Tuesday.
He added that 1.4 million Saudi men and women and around 100,000 companies operating in vital sectors of the Kingdom have benefited from the program.
Al-Jawini stressed the fund's commitment to keeping pace with the Kingdom's development in all sectors, responding to the needs of the business sector and meeting the demand for a skilled national workforce.
The fund, he said, aimed to develop the skills of Saudis, increase their participation in the labor market, and encourage the private sector to contribute to localization. It also worked to strengthen partnerships with entities interested in training, employing, and empowering the national workforce and increasing their competitiveness and continuity in the labor market.
Al-Jawini said the fund's programs and services have helped increase 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 on developing training, empowerment and orientation support programs for national personnel, contributing to the achievement of the goals of the Saudi Vision 2030 for human capacity development and labor market strategy.
