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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Asharq Al-Awsat

Developing Human Capital in the Saudi Industrial Field

Saudi officials after signing a memorandum of cooperation to develop human capital in the industrial field (Asharq Al-Awsat)

The Saudi Industrial Investments Company (Dussur), in cooperation with the Human Resources Development Fund (Hadaf), seeks to develop human capital in the industrial field, unify efforts, enhance collaboration in finding solutions, and address the challenges facing national cadres in the sector.

Dussur signed a memorandum of cooperation with Hadaf in the presence of Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Industry and Mineral Resources Bandar al-Khorayef, Minister of Education Hamad al-Sheikh, and several officials.

The memorandum of cooperation stipulated the development of human capital to serve the industrial field, identify training needs, and provide support programs in line with them.

It also launched initiatives to qualify job seekers with skills, most notably the basics of employment, technical, engineering, and professional skills, designing and implementing activities related to employment in the sector.

Crown Prince Mohammad bin Salman launched the Human Capacity Development Program to develop human capabilities and achieve the objectives of Vision 2030.

The Program aims to ensure that citizens have the required capabilities to compete globally by instilling values, developing primary and future skills, and enhancing knowledge.

It seeks to develop a solid educational base for all citizens and instill values early on while preparing the youth for the future local and global labor market.

It also focuses on upskilling citizens by providing lifelong learning opportunities, supporting innovation and entrepreneurship culture, and developing and activating policies to ensure Saudi competitiveness.

The Crown Prince stressed that the Human Capability Development Program represents a national strategy to enhance the competitiveness of national human capabilities locally and globally to be ready for the current and future labor market with abilities and ambitions.

The Program aims to ensure that citizens have the required capabilities to compete globally by instilling values, developing primary and future skills, and enhancing knowledge.

It includes 89 initiatives aimed at achieving 16 strategic objectives of Vision 2030.

The strategy includes three main pillars: develop a resilient and robust educational base, prepare for the future labor market locally and globally, and provide lifelong learning opportunities.

The Program's initiatives will include promoting the expansion of kindergartens, which will help to develop a resilient and robust educational base for all children. It entails career guidance and counseling initiative as well to provide citizens with the capabilities and skills necessary to plan their career objectives.

Human capacity development focuses on preparing and rehabilitating human capabilities in Saudi Arabia, developing the human capacity development system from early childhood to lifelong learning, developing education outputs to align them with the needs of the current and future labor market, and localizing high-skilled jobs through the rehabilitation and training of citizens, in addition to activating.

The Program will aim to achieve several goals, including increasing kindergarten enrollment from 23 percent to 90 percent and placing two Saudi universities among the top 100 universities in the world by 2030.

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