Saudi Tourism Minister: Kingdom to Provide 250,000 Jobs while Hosting Expo 2030

In a session entitled "Accelerated Progress in the Labor Market" at the Global Labor Market Conference, Al-Khateeb referred to the inauguration of the National Tourism Strategy in 2019. SPA
In a session entitled "Accelerated Progress in the Labor Market" at the Global Labor Market Conference, Al-Khateeb referred to the inauguration of the National Tourism Strategy in 2019. SPA
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Saudi Tourism Minister: Kingdom to Provide 250,000 Jobs while Hosting Expo 2030

In a session entitled "Accelerated Progress in the Labor Market" at the Global Labor Market Conference, Al-Khateeb referred to the inauguration of the National Tourism Strategy in 2019. SPA
In a session entitled "Accelerated Progress in the Labor Market" at the Global Labor Market Conference, Al-Khateeb referred to the inauguration of the National Tourism Strategy in 2019. SPA

Saudi Minister of Tourism Ahmed Al-Khateeb said Thursday the Kingdom will provide 250,000 jobs during its hosting of the Expo 2030 in Riyadh.

He stressed the importance of sustainable jobs that the Kingdom will provide, including 1,000 hotel rooms on the sidelines of the exhibition.

In a session entitled "Accelerated Progress in the Labor Market" at the Global Labor Market Conference, Al-Khateeb referred to the inauguration of the National Tourism Strategy in 2019, which will take the domestic product in this sector from 3% to 10% in 2030, which requires providing one million additional jobs by 2030.

The minister referred to the Kingdom's chairmanship of the Executive Council of the United Nations World Tourism Organization and its hosting of the forthcoming General Assembly of the council under three priorities: the sustainability of the planet and the environment; the assurance of suitable jobs for human beings, tourism growth, travel and double the number of services; and the importance of maintaining place in any tourist destination.

He explained that the world's population will reach 8.5 billion by 2030, noting that there is a digitization process for many services, including the labor market, especially in terms of trade and manufacturing that have been digitized since decades, which has had a negative impact on the labor market.

Al-Khateeb added that the travel and tourism sector represented 10% of the global labor market, and provided 330 million jobs in 2019 before the pandemic, and that airlines and hotels were the most affected sectors globally by losing 60 million jobs, saying: "We are back in the pre-pandemic according to figures by the United Nations World Tourism Organization, and the World Travel and Tourism Council, which is good."

He noted that the tourism sector globally provides 10% of jobs in the labor market, so it is an important sector for growth in the future, stressing the importance of maintaining the human component of the tourism sector as it plays an essential and central role in sharing the cultures from different countries that we travel to.



Saudi Minister of Commerce Concludes Visit to South Korea

Saudi Minister of Commerce Dr. Majid bin Abdullah Al-Qasabi concluded his visit to South Korea on Wednesday. (SPA)
Saudi Minister of Commerce Dr. Majid bin Abdullah Al-Qasabi concluded his visit to South Korea on Wednesday. (SPA)
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Saudi Minister of Commerce Concludes Visit to South Korea

Saudi Minister of Commerce Dr. Majid bin Abdullah Al-Qasabi concluded his visit to South Korea on Wednesday. (SPA)
Saudi Minister of Commerce Dr. Majid bin Abdullah Al-Qasabi concluded his visit to South Korea on Wednesday. (SPA)

Saudi Minister of Commerce and Chairman of the Board of Directors of the National Competitiveness Center (NCC) Dr. Majid bin Abdullah Al-Qasabi met with Korean Minister of Land, Infrastructure and Transport Dr. Sangwoo Park in Seoul on Wednesday at the conclusion of his visit to South Korea.

The meeting, attended by Saudi Ambassador to South Korea Sami bin Mohammed Al-Sadhan, discussed the Kingdom's Vision 2030, economic and development reforms, cooperation and partnership opportunities, and the exchange of expertise, particularly in priority sectors.

During his visit, Dr. Al-Qasabi visited the Samsung Innovation Museum in Suwon and held a meeting with the Global President of Public Affairs, Seung-Hee Park, and senior executives of the company to explore cooperation opportunities and prospects presented by Vision 2030 and its economic and developmental reforms.

The minister met with the CEO of SK Telecom, Ryu Young-sang, to discuss potential cooperation opportunities that the company could offer to the Kingdom's ongoing projects.

The visit included meetings with several Korean officials, including the prime minister, minister of trade, industry, and energy, minister of small and medium enterprises and startups, minister of trade, and head of environmental, social and governance standards at Naver, to boost trade relations and economic partnership.

Al-Qasabi participated in the Saudi-Korean Business Forum organized by the National Competitiveness Center, the Federation of Saudi Chambers of Commerce, and the Korean Chambers of Commerce and Industry. The Saudi delegation at the event included representatives from various government entities and business leaders from major national companies.

The forum sought to strengthen trade relations in various priority economic sectors and discuss challenges faced by the private sector, as well as proposals for bolstering business opportunities.