RIYADH: Human Resources Development Fund Director General Turki bin Abdullah Al-Jawini said the fund has helped more than 153,000 Saudi men and women secure employment in the private sector in the first half of 2024.
Al-Jawini said the fund disbursed SR3.79 billion ($1 billion) to private sector institutions for education, employment and support programs during this period, the Saudi Press Agency reported on Tuesday.
He added that 1.4 million Saudi men and women and about 100,000 establishments operating in key sectors in the Kingdom benefited from the program.
Al-Jawini emphasized the fund's commitment to keep pace with the Kingdom's development in all areas, meet the needs of the business sector and meet the demand for a skilled national workforce.
The fund, he said, aimed to develop Saudis' skills, increase their participation in the labor market and encourage the private sector to contribute to localization. It also worked to strengthen partnerships with entities engaged in training, employment and empowerment of the national workforce, and to increase their competitiveness and continuity in the labor market.
Al-Jawini said that the Fund's programs and services had contributed to increasing the benefits of individuals and facilities and emphasized the Fund's continuous efforts to keep pace with changes and demands in the labor market.
He said the fund was also working to develop training, empowerment and guidance support programs aimed at national personnel, contributing to achieving the goals of Saudi Vision 2030 for human capacity development and labor market strategy.
