The Minister of Finance, Muhammad Aurengzeb, highlighted the country’s potential to export qualified labor to Saudi Arabia in alignment with the Vision 2030 Development framework of the Kingdom.
Speaking outside the emerging conference of market economies in Aula, Aurengzeb emphasized the growing opportunities for Pakistan to support the economic transformation of Saudi Arabia.
“We believe that there is great potential in terms of Pakistan exports, especially with respect to qualified work, in terms of everything Saudi Arabia requires in terms of 2030 Vision Execution,” he said, and added: “Then, there is a number of opportunities for the two countries to work together. “
The 2030 vision of Saudi Arabia aims to reduce the dependence of the kingdom of oil and impulse sectors such as health, education, infrastructure, recreation and tourism. The initiative has created a growing demand for qualified workers, which Pakistan hopes to comply.
With more than two million Pakistani already working in Saudi Arabia, the country remains an important source of remittances for Islamabad. While most Pakistani workers in the kingdom are used in blue neck jobs, the demand for qualified labor is expected to increase as their economy modern.
The Ministry of Education and Professional Training of Pakistan has been working on a new educational policy to train at least one million young people annually with adequate technical skills for employment in the Gulf region, including Saudi Arabia.
In addition, the Saudi Fund for Development (SFD) has proposed an association with the Pakistani government to provide training programs to equip Pakistani young people with “modern and relevant skills” required by the Saudi labor market, according to Prime Minister’s Office Shehbaz Sharif.
