Empowering Saudi Talent: Launch Of The “tamkeen” Initiative To Boost Technical Skills In Msmes

By Author: The Law Reporters
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Saudi Arabia's Ministry of Communications and Information Technology, in partnership with the National Information Technology Development Program (NTDP), has launched the “Tamkeen” initiative to strengthen Saudi technical talent in micro, small, and medium enterprises (MSMEs). This initiative is a key part of the country’s efforts to accelerate the growth of the digital economy, aligning with the goals of Vision 2030.

The Tamkeen initiative is designed to encourage technology companies to hire Saudi talent and sustain their employment through a range of incentives, promoting the growth of local expertise within the sector. By focusing on the technical workforce, the initiative aims to enhance the digital capabilities of MSMEs, which are integral to driving economic transformation in the Kingdom.

Other Employment Initiatives by Saudi Arabia

In addition to the Tamkeen initiative, Saudi Arabia has implemented several measures to boost employment across various sectors:

Nitaqat Program: Aimed at increasing the employment of Saudi nationals in the private sector, the Nitaqat program requires companies ...
... to meet certain quotas for Saudi employees based on company size and sector.

Human Capability Development Program: This initiative focuses on enhancing the skills of the Saudi workforce to meet the demands of a rapidly changing labor market. The program includes educational reforms, vocational training, and partnerships with international organizations.

Saudization of Specific Sectors: The government has introduced policies to reserve specific job roles exclusively for Saudi nationals, particularly in sectors like retail, hospitality, and telecommunications, as part of its Saudization efforts.

Entrepreneurship Support: Saudi Arabia has also ramped up efforts to support entrepreneurs and start-ups through initiatives like the Small and Medium Enterprises General Authority (Monsha'at), providing funding, training, and advisory services to boost job creation and innovation.

These initiatives reflect Saudi Arabia's commitment to building a diversified, knowledge-based economy by empowering its workforce and creating sustainable employment opportunities in line with Vision 2030's long-term objectives.

Source : https://thelawreporters.com/