Joining Forces for New Women’s Business Park

Saudi Aramco participates in new project aiming to train and employ about 20,000 women over next 10 years. 60% of fresh college graduates Kingdomwide are female and Saudi Aramco has been actively working to address how to integrate more Saudi women into the workforce. One of the recent initiatives in this regards is a Women’s Business Park in Riaydh. Next month, Saudi Aramco and Princess Nourah Bint Abdulrahman University (PNU) and Wipro Arabia will celebrate the signing a memorandum of understanding to form joint ventures between PNU and Wipro. The business park, which plans to train and employ about 20,000 Saudi females over the next 10 years, will be developed on the PNU campus and will include 320,000 square meters of office space, entrepreneur incubators, daycare centers, a family mall, fragmented retail shops, and be a one-stop shop coordination center for government transactions. Designed to bridge the gap between academia and the industry, the park will be a boon for the university as it will allow close cooperation with the companies on location. It will provide services in information technology, business process outsourcing and engineering services outsourcing, with customers from many industries such as automotive, aerospace, medical, and construction. About 3,000 new graduates from PNU along with other recent graduates from around the Kingdom are expected to be eligible evert year. After completing the Women’s Business Park Learning Academy, these women will be ready to secure employment in a knowledge-based environment. The park will also have various programs for training and development, focusing on developing high-level technical skills and knowledge.