RIYADH: Human Resources Development Fund Director General Turki bin Abdullah Al-Jawini said the fund helped more than 153,000 Saudi men and women secure jobs in the private sector in the first half of 2024.
Al-Jawini said the fund paid SR3.79 billion ($1 billion) to private sector units for training, employment and empowerment programs during this period, the Saudi Press Agency reported on Tuesday.
He added that 1.4 million Saudi men and women and about 100,000 establishments operating in vital 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, respond to the needs of the business sector and meet the demand for skilled national manpower.
The fund, he said, aims 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 foster partnerships with entities concerned with training, hiring and empowering the national workforce, as well as increasing their competitiveness and continuity in the labor market.
Al-Jawini said that the fund's programs and services have helped increase the benefits of individuals and establishments, 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 mentoring programs aimed at national staff, helping to achieve the Saudi Vision 2030 goals for human capacity development and labor market strategy.
