Details of this news "Sufah" plans to spend 1.5 trillion rials and qualify 360 thousand on the labor market
Posted by Abdullah al-Mana in city 16 – 11 – 2018
The SAFE, one of Saudi Arabian's most important initiatives, plans to spend 1.5 trillion rials for 10 years to implement its strategies to accelerate the development of the energy services sector and contribute to the creation of an economic system that will attract and encourage local industries related to energy sector. For the provision of Aramco services, a total of 98 local facilities were registered, while at the same time 90 other companies expanded their business by obtaining loans for the operation of new production lines. The program was designed and launched on December 1, 2015 in order to benefit from the relationship between Saudi Aramc, service providers and manufacturers in order to improve the company's goals to raise the level of local content to around 70% by the end of 2021,
. It is also working to develop a diversified and sustainable economic system that will compete in the energy sector of the Kingdom, and by 2030, there will be 360,000 graduates from 30 centers and an institute for training in the labor market.
The program is working on the development and diversification of sources of economy and attracting investments by increasing the percentage of local content in goods and services of the oil and gas sector. Aramko's main priority is to build a world-class supply chain that is competitive and adds value to the Kingdom.
The company has made significant progress in its implementation, focusing on the development of reliable domestic supply, export and job creation. The program seeks to develop the sector of energy services and increase the volume of goods and services supplied by the competitive energy sector in the Kingdom.
Aramco aims to increase the capacity of the program to achieve its goals in the service of the national economy, presents a roadmap for the development of business related to the provision of goods and services,
From its production to world markets.
Through the program, Aramco strives to strengthen its efforts and efforts to ensure that it continues to build a diversified, efficient and efficient supply chain, to continue to achieve its business goals and to maintain sustainable economic growth.
Thank you, Arabian visitors today, to review our website. In case you have any questions about this news, "Sufah" plans to spend 1.5 billion riyals and qualify 360,000 for the labor market.