Deal signed to localize 80,000 jobs in real estate, contracting

The deal aims to motivate growth in the real estate, contracting sector. (SPA)
Updated 24 January 2019
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Deal signed to localize 80,000 jobs in real estate, contracting

  • The deal aims to increase the Saudization rate and motivate growth in the real estate and contracting sectors

JEDDAH: A memorandum of cooperation (MoC) was signed on Wednesday to localize 80,000 jobs for men and women in the real estate and contracting sectors starting this year until the end of 2020. 

The MoC aims to increase the Saudization rate and motivate growth in the real estate and contracting sectors. 

It was signed by the Ministry of Labor and Social Development, the Housing Ministry, the Human Resources Development Fund (HRDF), the Council of Saudi Chambers (CSC) and the Saudi Contractors Authority (SCA).

The signing ceremony was attended by Housing Minister Majed Al-Hogail, Labor and Social Development Minister and HRDF Chairman Ahmed bin Suleiman Al-Rajhi, Deputy Labor and Social Development Minister Dr. Abdullah bin Nasser Abuthnain, and SCA Chairman Osama bin Hassan Al-Afaliq, among others.

Under the MoC, the partners will work to localize human capital in the real estate and contracting sectors, providing job opportunities for Saudis, and improving employees’ skills.

The MoC’s clauses provide for coordination between the relevant parties to monitor the impact of Saudization on the sectors, issue legislation and regulations to achieve targets, and increase employment rates. 

The partners agreed to form a joint team of specialists to develop a working mechanism, provide a detailed plan to ensure effective implementation, and submit regular progress reports.


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

Updated 24 April 2019
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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.