The new initiative to expand Saudi Arabia’s prosperous economy has created a bunch of job opportunities. There are approximately more than 10 million foreign workers residing in this desert kingdom. Most of the workers are here from the South East Asian side. In the near future this ratio of workers is more likely to incline in the near future.
The Saudi government is investing in the education system and is introducing allowances to adjust the number of colonials in the Saudi industry. Due to the lack of training in the Saudi population, there are employment opportunities for the foreigners in the Saudi Arabia’s skilled technology and IT industry. Following are the reasons why skilled technology and IT workers are moving to Saudi Arabia: *Read More: Future of engineering in gulf states
Diversification of manufacturing industry:
Due to the great diversification, the manufacturing industry is significantly benefited. Additionally, there is much more development work going on in the local petroleum industry, telecommunications, and natural gas examination, furthermore, specifically attention has been given to the power generation industry.
Another project by the government with the investment of 70 billion US dollar has been started for the building of six economic cities. Such projects are introduced hoping for the firms to increase creativity and productivity. And such initiatives require more human resource resulting in creating job opportunities for the skilled workers. Resultantly, the skilled technology workers are moving to Saudi Arabia due to their expansion of the economy.
Vast working opportunities:
With the highest level of working skills and expertise, there are many opportunities for working in Saudi Arabia. With the revolution in the IT industry, Saudi Arabia has increased its investment in such kind of projects leading to the diversification of the economy.
There are many foreigners in Saudi Arabia who have jobs in the engineering, IT, healthcare and medicine, telecommunications and construction sector. These industries have so much to offer to the skilled workers and thus workers prefer to work in such environment gaining more experience and a good amount for their services.
*Read More: List of companies in Saudi Arabia and addresses
World class economy:
Saudi Arabia holds almost the 18% of the world proved petroleum reserves. The petroleum reserves justify for the 85% of export income, 50% of GDP and the 73% budget revenue. This partially explains how Saudi Arabia is among some of the high-income countries having a powerful industry sector. The previous diversification efforts have reduced the economic reliance at oil exports. The service sector of Saudi Arabia is highly boosted with the generation of 51.8% GDP in 2015. This GDP rate has made this sector an imperative basis of income to the national economy.
Due to the climate of the country; agriculture and landscape do not have chances to play a central role whereas, the government has made some efforts for making the population less reliant at the import of food. Thus the service sector includes a major development in the IT and engineering sector resulting in more opportunities grown for the experts in IT.
Although Saudi Arabia has started to work at providing more employment opportunities to its residents but still there is demand for the experts and skilled workers to train them. This creates an opportunity for the skilled technology and IT workers and the reason for them to migrate to Saudi Arabia and work for their betterment.
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