Saudi Vision 2030 provides mutual opportunity, says Chinese envoy

Chinese ambassador to Saudi Arabia, Li Huaxin
Updated 19 January 2018

Saudi Vision 2030 provides mutual opportunity, says Chinese envoy

RIYADH: The Chinese ambassador to Saudi Arabia, Li Huaxin, has said that his country considers Vision 2030 an opportunity for integration between the two countries, and that China’s Belt and Road Initiative (BRI) is compatible with it.
In a press statement, Li said that a visit to China by the Saudi justice minister and chairman of the Supreme Judicial Council, Walid Al-Samaani, represented a new round in consolidating bilateral relation.
“The two sides discussed a draft agreement for civil and commercial judicial cooperation between the two countries. This agreement is co-welcomed because the Kingdom’s Vision 2030 and its programs represent a great opportunity to deepen partnerships and commercial exchanges,” Li said.
The ambassador added that legal measures taken by the Saudi government against corruption were part of an ambitious initiative to clean up the investment environment for the benefit of all partners, including Chinese companies.
“The new steps taken by the Ministry of Justice in launching commercial courts in different regions reflect tangible evidence that the Kingdom is a state of law, and sends a message to the world that it is working to establish rights and justice in order to support the investment environment in the Kingdom,” he said.
In 2016, bilateral trade reached $43 billion.
In the cultural field, Li said that the two sides had agreed to translate 50 Saudi books into Chinese and 50 Chinese books into Arabic.

Saudi Arabia plans to create 561,000 jobs under new digital employment initiative

Updated 24 April 2019

Saudi Arabia plans to create 561,000 jobs under new digital employment initiative

  • Qiwa program aims to achieve the Vision 2030 goal of reducing unemployment rate to 7 percent

RIYADH: Saudi Arabia has revealed ambitious plans to create more than 561,000 private-sector jobs by 2023 as part of a new digital era for the Kingdom’s labor market.

Minister of Labor and Social Development Ahmad Al-Rajhi made the announcement at the launch of the Qiwa online platform, which aims to combine all the country’s employment services under one electronic roof.

Through digitalization, the Ministry of Labor and Social Development hopes to not only boost job opportunities for Saudi men and women, but also improve workplace efficiency and productivity, and attract international investment.

Al-Rajhi said: “The ministry has entered into partnerships and agreements to settle more than 561,000 job opportunities in the private sector until 2023,” and the minister added that 45,000 Saudis had entered the labor market in the last three months.

The new labor force platform will consolidate employment-related e-services already offered to job seekers, employees and employers and plans are in the pipeline to plug a further 71 services into the system.

The Qiwa program aims to provide Saudi government officials with a data mine of statistical information to tackle business challenges facing employers and employees, help create new job opportunities, and achieve the Vision 2030 goal of reducing the country’s unemployment rate to 7 percent. Another key objective is to strategically enhance the Kingdom’s business environment to make it more attractive to local and international investors.

A ministry statement issued to Arab News, said: “The Qiwa platform will have an impact on motivating investors. It will also re-engineer policies and procedures for all services provided to individuals and enterprises on a strong platform that will make a quantum leap in the business world and turn the Saudi market into an attractive market for opportunities and potential for competencies.

“The services are provided in both Arabic and English in order to enable foreign investors to benefit from the services of a strong platform,” the statement added.

The e-services include programs to encourage Saudis to access jobs in their locality by improving the workplace environment and making it more appealing to men and women.

The Kingdom’s public sector is quickly adapting to international standards and labor market demands by digitalizing services, while the ministry is using the latest business management methods to help public organizations increase the competency and productivity of workers while creating a competitive labor market that can partner with the private sector.