| 14 April 2024, Sunday |

Agreement Signed to Advance Saudi Contracting Sector

President of the Saudi Contractors Authority (SCA) Zakaria al-Abdul Qader revealed that the number of workers in the contracting sector has reached three million in various professions.

He revealed that 165,000 companies operate in the contracting sector in the Kingdom, ranging from small, to medium, and large enterprises.

He said many jobs have been localized and work is underway with legislatures to localize more.

He made his remarks during an event organized by the Federation of Saudi Chambers to discuss prospects for cooperation and the Authority’s initiatives and services to organize and develop the contracting sector.

During the event, the Federation of Saudi Chambers and SCA signed an agreement to expand the scope of cooperation between them, lay the foundations and standards for organizing and developing the sector, and activate relevant regulations and decisions.

The agreement will allow national facilities to undertake building and construction projects, improving their working conditions, providing technical advice to companies, identifying challenges and obstacles, providing proposals and solutions, and enhancing the participation of sector facilities in construction programs in accordance with the Kingdom’s Vision 2030.

Secretary-General of the Federation Hussein al-Abdul Qader and Secretary-General of the SCA Eng. Thabet bin Mubarak al-Suwaid signed the agreement.

Meanwhile, head of the National Committee for Contractors in the Federation of Saudi Chambers Hamad al-Hammad said the value of projects in the contracting sector during the past five years amounted to SAR20 trillion ($1.3 trillion).

This reflects the importance of the sector, its vitality and its developmental role, he stressed, adding that the contracting sector is yet to recover fully from the repercussion of the coronavirus pandemic.

However, he stressed that the sector is gradually improving and the localization of Saudis in this sector is constantly growing.

Hammad further noted that many initiatives have been launched to increase the number of Saudi workers.

  • Asharq Al-Awsat