More foreigners will lose their jobs; The second phase of indigenization aims to create 130,000 jobs

More foreigners will lose their jobs; The second phase of indigenization aims to create 130,000 jobs
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The plan is to create jobs in the six sectors of the private sector – tourism, health, transportation – logistics, industry, commerce, real estate and construction – with a salary of not less than 5,000 riyals.

Riyadh: The second phase of repatriation is being implemented in Saudi Arabia so that more foreigners will lose their jobs. The Ministry of Human Resources has announced that the second phase of the ‘Touthwin’ indigenization project, which was launched to provide more employment opportunities to the natives in the private sector, will begin soon. The ministry aims to provide employment to 130,000 job seekers. The duration of the scheme is 36 months.

Plan To Create More Jobs

The plan is to create jobs in the six sectors of the private sector, tourism, health, transport-logistics, industry, commerce, real estate and construction, with a salary of not less than 5,000 riyals. It will employ 30,000 people in the private tourism sector, 20,000 in the construction and real estate sector, 25,000 in the industrial sector, 20,000 in the transportation logistics sector, 20,000 in the health sector and 15,000 in the trade sector. This will be done through the signing of a number of agreements with large and medium-sized companies and fast-growing companies. Steps will be taken to deploy natives in various jobs in collaboration with companies. The second phase of the project will be overseen by consulting firms.

The program will be fully overseen by consulting firms, ensuring its benefits. The Ministry of Human Resource Development has launched the ‘Tautveen’ indigenization program 2020 with the objective of employing indigenous youth in the private sector. The project aims to provide employment to 115,000 job seekers at various levels across the country before the end of 2021.

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