Unemployment in spotlight at Jeddah Economic Forum

The 14th Jeddah Economic Forum is to examine ways to create more jobs. (File photo courtesy: affordablehousinginstitute.org)

Makkah Emir Prince Mishal Bin Abdullah was set to open the 14th edition of the Jeddah Economic Forum (JEF) at Jeddah Hilton on Tuesday.

Jeddah Chamber of Commerce and Industry (JCCI) Chairman Saleh Kamel said that JEF with the theme of “Growth through the youth” will discuss ways on how to address the unemployment problem and create more jobs for young men and women.

The three-day forum will address the challenges and opportunities surrounding sustainable job creation for young people with the objective of facilitating regional growth through strategic and long-term investment in job creation across two key growth sectors: tourism and transportation infrastructure.

Kamel said that JEF has contributed significantly in strengthening the Kingdom’s position and role on the world economic map. “We have great honor to bring together more than 26,000 prominent figures from more than 60 countries in six continents since the beginning of the first forum in 2000. All the past 13 editions of JEF have played an immense role in molding world economic outlook as well as in highlighting major global economic issues through interaction and exchange of views and ideas,” he said.

Kamel said that those who will address the forum from the Kingdom include President of Saudi Commission for Tourism and Antiquities (SCTA) Prince Sultan Bin Salman, Minister of Labor Adel Fakeih, Minister of Commerce and Industry Tawfiq Al-Rabiah, Minister of Economy and Planning Dr. Muhammad Al-Jasser, Saudi Arabian General Investment Authority Governor Abdullatief Al-Othman, and Human Resources Development Fund Director General Ibrahim Al-Muaiqel. Speakers from outside include Facebook Co-Founder Chris Hughes, former Managing Director of the Davos World Economic Forum Claude Smadja, Chairman of the Board and Executive Director of Dubai’s Roads & Transport Authority (RTA) Mattar Al-Tayer, and ministers from Mexico and Indonesia.

Kamel said 20 Saudi private companies and organizations are sponsoring this year’s JEF, organized by JCCI. They included six partners such as Jeddah Mayoralty, King Abdulaziz International Airport, SCTA, and the Earnest and Young.

Adnan Mandura, secretary general of JCCI, highlighted the significance of this year’s forum as it focusses on exploring more avenues of jobs for young men and women. Various sessions of the forum will discuss topics such as creation of jobs from the demand side and development of manpower from the supply side, and the need for better work environment, encouragement of business pioneers, creation of close links between investors and business sectors, development of work skills in the youth and aspirations of the youth about their jobs.

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Last Update: 09:49 KSA 12:49 - GMT 09:49
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