RIYADH: Human Resources Development Fund Director General Turki bin Abdullah Al-Jawini said the fund has assisted more than 153,000 Saudi men and women in securing employment in the private sector during the first half of 2024.
Al-Jawini said the fund disbursed SR3.79 billion ($1 billion) to private sector institutions for training, employment and empowerment programs during the period, the Saudi Press Agency reported on Tuesday.
He added that 1.4 million Saudi men and women and about 100,000 businesses operating in important sectors in the kingdom have benefited from the program.
Al-Jawini emphasized the fund's commitment to keep pace with the Kingdom's development in all areas, address the needs of the business sector and meet the demand for skilled national manpower.
The aim of the fund, he said, is 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 dealing with education, employment and strengthening the national workforce and increasing its competitiveness and continuity on the labor market.
Al-Jawini said the fund's programs and services have helped to increase the benefit of individuals and institutions, and highlighted the fund's continuous efforts to keep up with the changes and demands of the labor market.
He said the fund is also working to develop training, empowerment and advisory support programs targeting national personnel, thereby contributing to the achievement of Saudi Vision 2030 goals for human capacity development and labor market strategy.
