Riyadh: Today NEOM and the Technical and Vocational Training Corp. (TVTC) formed a partnership that will lead to the creation of thousands of job opportunities for members of the local community in Tabuk and NEOM regions.
Over the next five years NEOM will require thousands of vocational jobs for the construction, development and management of NEOM across a range of sectors. The partnership with TVTC will ensure that up to 6000 residents have the education and experience required to fill those roles.
The training will focus on skills for key industries including energy, construction, operations and maintenance, hospitality, transportation and logistics. NEOM will provide the graduates with jobs with contractors working on the project and in companies within NEOM.
The training will be conducted by globally-recognized institution in coordination with TVTC to guarantee that graduates have hands on experience to join the project immediately.
NEOM CEO, Nadhmi Al-Nasr stated: “To develop the NEOM we envision we must invest in the talent we have available in NEOM and the adjacent communities in Tabuk to be our partners in developing the land of the future. This agreement with TVTC is just a start and we will continue investing in human capital within NEOM or Saudi Arabia.” Today’s announcement is the latest in a series of projects launched under NEOM’s Corporate Social Responsibility Program. The Program launched early in 2019 focused on training, providing work opportunities and sending students on scholarships programs abroad. In 2020, the program will add more initiatives to develop skills within the local community and involve residents in the future of NEOM.
NEOM is established as a closed joint-stock company on January 22, 2019, fully owned by the Public Investment Fund of Saudi Arabia (PIF). The project was announced to the public on October 24, 2017, by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Chairman of the PIF.
NEOM is a new destination being created in the Northwest of Saudi Arabia. Based along the Red Sea and Gulf of Aqaba, at the intersection of Asia, Europe and Africa and along one of the world’s busiest economic arteries, NEOM is strategically placed at the crossroads of the world with an area of 26,500 km2.NEOM is just an 8-hour flight from 70% of the global population.
NEOM aims to be the future of liveability as its foundation, unprecedented in scope and unconstrained by history. The name "NEOM" is derived from two words. The first three letters form the Ancient Greek prefix neo- meaning “new”. The fourth letter is from the abbreviation of Mostaqbal (Arabic: مستقبل), an Arabic word meaning “future”. And as the name suggests, it will be the land of the future where the best ideas, most promising start-ups, established companies, future industries and the best talents are joined to create solutions for the key challenges facing humanity.
NEOM will be built with principles of liveability and innovation at its core. Industry will focus on NEOM’s economic sectors, namely energy and water, mobility, biotech, food, manufacturing, media, entertainment, culture and fashion, technology and digital, tourism, sport, design and construction, services, health and well-being, and education.
© Press Release 2019