| TVTC, MYNM (Hyundai) sign deal to train 400 young Saudis
RIYADH: As part of an ambitious public-partnership plan to reduce dependence on foreign workers, the state-owned Technical and Vocational Training Corporation (TVTC) and Mohamed Yousuf Naghi Motors (MYNM) signed a memorandum of understanding (MoU) yesterday to train 400 young Saudis for jobs in automobile sector. He added that the Saudi trainees under this program will receive a monthly stipend of SR1,500 during the training period besides other benefits including medical insurance. "A number of studies, a number of discussions and many projects presently under way to address the skills' gap among Saudis, and how that's related to unemployment and how they can be addressed," he said while giving an overview of the TVTC's programs. Top TVTC officials and MYNM executives attended the event. After the signing ceremony, Fahad M. On the other hand, the Naghi Motors is a well known name in automotive business, which is one of the most successful distributors of Hyundai cars in the region mainly due to the its excellent sales service, customer handling and innovative support service programs. In a short span of time, the Naghi Motors has a strong network of sub-dealers and branches across the Kingdom. Asked about the major policies and the future plans of the TVTC, Al-Ghafis said the TVTC had endorsed similar agreements with a few major companies in different sectors. "Some similar partnerships between TVTC and private companies already exist," said Al-Ghafis. He added that there was a greater scope for employment in automotive sector of the Kingdom, which is poised to sustain a positive growth outlook over a five-year period. 6 billion, precisely by 2014. In fact, the total enrolment of Saudi boys and girls at the existing TVTC colleges exceeds 100,000 now. "The private sector has become a genuine partner of the TVTC in training technical workers," the report added. Al-Otaibi, TVTC media relations manager, conducted reporters on a tour of the exhibition hall to watch the models of new TVTC colleges. Al-Aqla said: "This program with Naghi Motors can help to supply intensive training to Saudis and eventually the firm will hire the graduates. "The robust growth forecast is underpinned by the positive performance of the commercial vehicle segment, which is expected to remain strong over the next five years," said an executive of NYNM/Hyundai. "The commitments from private partners are really commendable," said the TVTC chief, adding that the TVTC is helping to prepare skilled workers for the labor market by designing appropriate training programs and developing partnerships with the private sector. The TVTC projects include the establishment of institutes for training, particularly in strategically significant fields. It has its branches in Makkah, Madinah, Jazan, Tabuk, Taif, Khamis Mushayit, Abha, and Bisha, aside from several outlets in Jeddah. Al-Ghafis said: "This was one of the major MoUs signed by the TVTC with private organizations, that will go a long way in providing necessary skills to Saudis to work in automobile sector. The MoU was signed by Hamad Al-Aqla, TVTC deputy governor, in a brief ceremony organized at the headquarters of the TVTC in the Saudi capital. |
Wednesday, 11 April 2012
TVTC, MYNM (Hyundai) sign deal to train 400 young Saudis
