Saudi Arabia rolls out Nitaqat 2.0, focusing on 340,000 personal sector jobs over three years | World Information

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Saudi Arabia rolls out Nitaqat 2.0, targeting 340,000 private sector jobs over three years
Saudi Arabia launched Nitaqat 2.0, focusing on 340,000 personal sector jobs for residents over three years/Picture: File

After the success of its first part, the Saudi Ministry of Human Sources and Social Improvement has launched the second part of the Nitaqat Al-Mutawar programme, aiming to create greater than 340,000 personal sector jobs for residents over the following three years.

What’s Nitaqat Programme?

The Nitaqat programme is a nationwide labour market coverage that encourages personal sector corporations to rent Saudi nationals by setting sector-specific localisation targets. It’s designed to extend Saudi participation in personal employment, scale back unemployment, and align workforce provide with market demand.Via a classification system and focused Saudization charges, the programme seeks to stability enterprise progress with nationwide employment priorities. Since its launch, Nitaqat has been positioned as a long-term software to assist financial stability whereas strengthening the position of Saudi expertise within the personal sector.

Overview of the second part

In line with the Ministry of Human Sources and Social Improvement, the second part of Nitaqat Al-Mutawar will run for 3 years from 2026 and goals to localise greater than 340,000 jobs for Saudi women and men within the personal sector.The ministry mentioned the brand new part was developed following a complete evaluation of labour market situations and the capabilities of institutions throughout varied sectors. The main target is on creating high quality job alternatives, growing citizen participation, and attaining a sustainable stability between labour provide and demand.Minister Ahmed Al-Rajhi mentioned the programme was fastidiously designed to assist localisation with out hindering personal sector progress. He famous that the initiative is meant to strengthen the nationwide economic system whereas reinforcing long-term confidence amongst personal sector employers.

Outcomes from the primary part

The ministry highlighted the sturdy efficiency of the programme’s first part, launched in 2022. Over the previous three years, it has contributed to the employment of greater than 550,000 Saudi residents within the personal sector.This determine exceeded the unique goal of 340,000 jobs, with officers saying the programme performed a big position in stimulating localisation efforts, lowering unemployment charges, and increasing Saudi workforce participation throughout industries.Al-Rajhi mentioned the expertise of earlier phases had confirmed the power of Saudi residents to succeed and carry out effectively in a variety of professions, offering a strong basis for launching the following part.

Implementation framework and necessities

Deputy Minister of Human Sources and Social Improvement for the Labour Sector Abdullah Abuthnain mentioned the ministry performed in depth analytical research protecting all sectors and institutions earlier than finalising the brand new part.These research resulted in lifelike and focused Saudisation charges that mirror the character of various roles and prevailing market situations, bearing in mind the provision of certified Saudi nationals. Abuthnain mentioned this method is anticipated to reinforce job stability, increase productiveness, and ship real sustainability within the labour market.The ministry added that the second part will proceed to assist citizen participation, enhance job high quality, and reinforce personal sector competitiveness, as Saudi Arabia advances its broader labour and financial reform agenda.

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