EP sets aside land for youth businesses

Updated 03 June 2015

EP sets aside land for youth businesses

DAMMAM: The Eastern Province (EP) Mayoralty is preparing to launch 211 investment locations dedicated to projects of young businessmen and women in the province according to the directives of EP Gov. Prince Saud bin Naif.

Fahad Al-Jubeir, EP mayor, said that the mayoralty has allocated this land in the support services area dedicated for youth investment projects to support small- and medium-sized enterprises.
“Many young people who obtained loans from various government lending funds, supported this type of projects, have registered to get investment sites for setting up their establishments,” the mayor stated, stressing that the mayoralty is keen to encourage serious youths as a part of its support for this category.
Al-Jubeir pointed out that the mayoralty has worked on the allocation of this land within new schemes, taking into account the provision of all services to serve the projects which will be held there.
He said: “The mayoralty is currently working on coordination with the Asharqia Chamber to arrange the presented applications, to provide the land for public and private entities for projects serving the citizens.”
The municipality is a strategic partner in its work with all governmental and private institutions in the region in order to serve all citizens, he said.
Ziad Al-Suwaidan, director-general of the EP Department for Investment Development, said: “The allocated land spaces range between 700 to 1,000 square meters in the Dammam scheme, where asphalting works have been recently completed to start the allocation procedures.”
“During the next phase, coordination will be held with the chamber represented in youth work councils for considering applications to ensure the seriousness of the applicants,” Al-Suwaidan added.
He stressed the keenness of the municipality to provide suitable investment opportunities for various categories and segments of society.

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.