Saudi Arabia’s pursuit of economic diversification has transformed the Kingdom into a booming employment hub, powered by ambitious giga-projects such as The Red Sea and NEOM.
There have been concerns over job creation post-giga-project completion, but according to Grace Najjar, Regional Director for the Middle East and North Africa at the Project Management Institute, employment opportunities will persist beyond the realization of Vision 2030.
“As Saudi Arabia and the region move away from oil dependence, across the various sectors, there’s a promise for jobs,” she explained. “In the coming years as the country completes its giga-projects, the Saudi government will continue its massive investments in infrastructure, tourism, and transportation mega-projects, thus continuing to create new jobs.”
The rise in project management-oriented roles indicates a promising outlook for the employment landscape
Najjar says that the rise in project management-oriented roles across various sectors, such as manufacturing, construction, finance, insurance, information, publishing, and management services, indicates a promising outlook for the employment landscape in the next decade.
In spite of a predicted somewhat lower pace of growth in the oil and gas sector, the Kingdom’s labor force remains robust, as the country steadily transitions away from oil dependence. Its remarkable labor force growth rate exceeds that of other G20 countries, presenting a wide range of prospects as it embraces a diverse economy.
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