JEF to discuss ways to create 15 million jobs

JEF to discuss ways to create 15 million jobs
Updated 20 May 2014

JEF to discuss ways to create 15 million jobs

JEF to discuss ways to create 15 million jobs

The Jeddah Chamber of Commerce and Industry (JCCI) will organize the 14th edition of the Jeddah Economic Forum (JEF) from March 18-20.
The forum carrying the logo ‘growth through the youth’ will discuss ways to create 15 million jobs in the Kingdom and other Arab countries such as Egypt, the UAE and Qatar with the help of economic policies that would rein in unemployment in the region.
JCCI Chairman Saleh Kamel underscored the special feature of this forum taking place under the aegis of Jeddah Gov. Prince Mishaal bin Majed.
Kamel stressed the importance of generating enough number of employment opportunities for the youth to ensure the sustained long-term development by investing in the growing generation.
“The sessions of the forum will discuss the best means to improve the quality of life for citizens,” Kamel said, adding that the projected GDP growth in the Middle East for the year is 3.8 percent according to International Monetary Fund.
“Since the unemployment rate in the region is the highest in the world, it is imperative to absorb the highest number of local youth to the work force, which could be achieved with the help of improved economic conditions, creation of employment security, special attention on the welfare of the people and raising the income level,” he said.
He also called Arab leaders to try their best to improve their economies and create employment opportunities in large numbers as 15 million youths will need to find employment in the Kingdom, Qatar, the UAE and Egypt over the next 10 years.
Representative of the Earnest and Young and Consultant for the JEF, Ahmed Riza stressed the need to focus on tourism and transportation sectors as sources of employment generation.
Various sessions of the forum will discuss topics such as creation of jobs from the demand side and development of manpower from the supply side, and the need for better work environment, encouragement of business pioneers, creation of close links between investors and business sectors, development of work skills in the youth and aspirations of the youth about their jobs. There will also be separate sittings to discuss opportunities in the tourism sector and transport infrastructure.