SAR 7 bln spent on private sector employment, training in 9M: Hadaf

Director General of The Human Resources Development Fund (Hadaf) Turki Al-Jawini

Turki Al-Jawini, Director General of Hadaf, announced that the fund provided SAR 6.9 billion for support programs in training, employment, and empowerment for private sector entities during the first three quarters of this year.

During a panel discussion at the 7th Future Investment Initiative (FII) titled 'The New Compass,' he stated that around 97,000 establishments across vital sectors in the Kingdom have benefited from the fund's programs and products, as reported by the Saudi Press Agency.

The fund's Q1 strategy enhances program access for individuals and businesses, aligning with Vision 2030 goals. It's committed to adapting to labor market changes, addressing sector-specific needs, and improving training, empowerment, and guidance for the national workforce.

The fund, like other sectors, is highly valued by leadership for developing the skills of the nation's workforce, increasing their participation in the job market, motivating private sector localization, and strengthening partnerships in training, employment, and empowerment for a competitive and sustainable workforce, he added.