US training offered to male and female Saudi youths in transport engineering

1 / 3
Saudi Arabian youth will be given training in the US under an agreement between Misk Foundation and US-based Virgin Hyperloop One (File Photo)
2 / 3
Saudi Arabian youth will be given training in the US under an agreement between Misk Foundation and US-based Virgin Hyperloop One (File Photo)
3 / 3
Saudi Arabian youth will be given training in the US under an agreement between Misk Foundation and US-based Virgin Hyperloop One (File Photo)
Updated 21 February 2018
0

US training offered to male and female Saudi youths in transport engineering

RIYADH: A group of Saudi male and female youths will be sent to the United States for training in transport engineering under an agreement between the Misk Foundation and US-based Virgin Hyperloop One.
The agreement was inked during the Misk Global Forum in Riyadh in November last year and signed by Bader Al-Asaker, secretary general of the Prince Mohammed Bin Salman Bin Abdulaziz Philanthropic Foundation, known as Misk Foundation, and Founder of Virgin Hyperloop One Josh Giegel on the sidelines of the MGF.
The training program is designed to provide students with a unique opportunity to work closely with the world’s leading engineers working on the development of the Hyperloop operating systems, a new and safe means of transportation.
Chief Marketing Officer of Misk Foundation, Mohammed M. Abuazzah, told Arab News on Wednesday that his organization has already called for applicants from male and female Saudi youths who are graduates/undergraduates involved in transport engineering fields of study.
He said the number of people selected for the program will be determined on applications received for the training. However, he assured that there will be a mix of male and female youths in the group, which will be selected for training at the headquarters of the of Virgin Hyperloop One in Los Angeles from June 25 to Aug. 31.
“We do not promise any employment for the successful trainees. However, their expertise could be well harnessed in the Kingdom by the transport and aviation sectors,” he said.
Students will also enjoy the weekly events organized by the management team, which provide a unique opportunity to participate in shaping the future of transport and communications around the world and gain experience and knowledge in the world’s leading engineering companies.
The agreement is intended to seed long-lasting economic, social, and innovation benefits for the Kingdom by developing a highly skilled, knowledge-based, cutting-edge workforce in an innovative area of growth. This is central to Misk’s mission to empower Saudi youth to become active participants in the knowledge economy.


Saudi Arabia’s up-and-coming energy park set to transform KSA into a global industrial powerhouse

Situated in the Kingdom’s Eastern Province, between Dammam and Al-Ahsa, the project will be developed in three phases. (Supplied)
Updated 12 December 2018
0

Saudi Arabia’s up-and-coming energy park set to transform KSA into a global industrial powerhouse

  • The first phase is scheduled for completion by 2021
  • SPARK will localize more than 300 new industrial services and facilities and will have specialized training centers to cater to the huge influx of manpower

JEDDAH: Saudi Arabia is fast catching up with the world’s ever-growing energy and technology scene ahead of 2030. In fact, the King Salman Energy Park (SPARK) may soon prove a global destination for energy industry investors.

The new energy city mega-project is being developed by Saudi Aramco, which received authoritization to embark on the initiative in the summer, and is operated, managed and maintained in partnership with the Saudi Authority for Industrial Cities and Technology Zones (MODON). 

With projections that the megacity will create more than 100,000 jobs, it is considered one of the most up-and-coming energy parks in the world.

SPARK will localize more than 300 new industrial services and facilities and will have specialized training centers to cater to the huge influx of manpower.

Situated in the Kingdom’s Eastern Province, between Dammam and Al-Ahsa, the project will be developed in three phases. 

The first phase is scheduled for completion by 2021, while the final phase of the project is set for completion in 2035. With all this on track, the 50-square-kilometer project is poised to be a magnet for foreign and domestic investment. 

Crown Prince Mohammed bin Salman inaugurated the King Salman Energy Park at the King Abdulaziz Center for World Culture (Ithra) on Monday. (SPA)

What’s more, Aramco’s espousal of SPARK will also help businesses indulge in technological development, manufacturing and exports channels and build a world-class energy supply chain. Crown Prince Mohammed bin Salman inaugurated the King Salman Energy Park at the King Abdulaziz Center for World Culture (Ithra) on Monday.

During the groundbreaking ceremony, Energy Minister and Aramco Chairman Khalid Al-Falih declared SPARK a special economic zone (SEZ) in which businesses can enjoy exclusive benefits. 

“We are looking forward to collaborating with our first anchor partners at SPARK,” said Saudi Aramco President and CEO, Amin Nasser.

SPARK has already attracted investment from foreign and local companies to produce and manufacture goods and services. The first phase of the project is expected to cost about $1.6 billion. 

The park is set to attract industrial investors in the water, power, petrochemical and wastewater sectors, among others. 

Facilities at SPARK will also help investors bridge gaps in local production back home, increasing competition in the long run. 

“This energy city is exciting because it brings together a multitude of businesses,” Mark McCollum, president and CEO of Weatherford Corp, told SPARK.

“We firmly believe that collaboration and cooperation among service companies and individual providers to the energy sector is vital in breaking new ground.”

The King Salman Energy Park is also set to promote small and medium-sized enterprises. With focus on energy production, it also provides opportunities for investment in residential and commercial real estate projects.

Nasser said that the “King Salman Energy Park will spur a new era of growth for one of the Kingdom’s already thriving sectors. What’s more, it will serve as a central gateway to the region’s economies since Aramco is at the heart of the global oil and gas industry.”