RIYADH: Director General of the Human Resources Development Fund, Turki bin Abdullah Al-Jawini, said that the fund helped more than 153,000 Saudi men and women find employment in the private sector during the first half of 2024.
Al-Jawini said the fund provided SR3.79 billion ($1 billion) to private sector institutions for training, employment and empowerment support programs during the period, the Saudi Press Agency reported on Tuesday.
He added that 1.4 million Saudi men and women and about 100,000 institutions working in the Kingdom's vital sectors have benefited from the program.
Al-Jawini emphasized the foundation's commitment to keep up 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, aims to develop the skills of Saudis, increase their participation in the labor market and encourage the private sector to contribute to localization. He has also worked to strengthen partnerships with organizations involved in training, employment and empowerment of the national workforce, as well as increasing their competitiveness and continuity in the labor market.
Al-Jawini said that the foundation's programs and services have helped to increase the benefit of individuals and institutions, and highlighted the foundation's constant efforts to keep pace with the changes and demands of the labor market.
He said the foundation is also working to develop training, empowerment and professional support programs targeting national personnel, contributing to the goals of Saudi Vision 2030 for human development and labor market strategy.