Qiddiya Partners with KAUST to support the Kingdom’s future workforce
New initiative to help bridge the gap between education and employment
RIYADH, 26 July, 2020: Qiddiya Investment Company (QIC) and King Abdullah University of Science and Technology (KAUST) held two virtual lectures, conducted by QIC’s Executive Directors, for students at the prestigious university for the very first time with the goal of helping students to bridge the gap between education and employment.
KAUST initiated the collaboration under its longstanding Saudi workforce development strategy, introducing the virtual lecture series as part of a comprehensive response to the COVID-19 disruption. The series aims to empower the university’s graduate students and postdoctoral fellows to continue prioritizing career exploration and development, and raises awareness of the many industries, opportunities and professional paths in the Kingdom’s rapidly transforming economy.
The interactive lectures, as part of Qiddiya’s CSR Career Opportunities focus area, explored Qiddiya’s dual and economic social purpose: to advance economic diversification and unlock new professional pathways while enriching lives of youth in the Kingdom, in line with Vision 2030.
Najah Ashry, KAUST vice president and senior advisor on national strategy, said, “Saudi Arabia’s sectors are rising to meet new demands and opportunities of the 21st century. This takes strong workforces that are skilled for the future. KAUST’s talented alumni will be joining the global workforce in record numbers this year, and they are well-prepared and eager to contribute to Saudi Arabia’s growing knowledge economy.” Ashry added that this newest collaboration is an example of KAUST’s ongoing commitment to developing the Kingdom’s industries and improving Saudi Arabia’s global reputation for talent. “We work with the Kingdom’s most important organizations to support a national ecosystem that enables talent to thrive, attracts investment, and helps our partners to achieve their long-term innovation goals for 2030 and beyond.”
This year, Qiddiya has progressed from planning to execution phase with construction gathering pace on site.
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About Qiddiya Investment Company:
Qiddiya Investment Company (QIC) is driving the development of Qiddiya, Saudi Arabia’s Capital of Entertainment, Sports and the Arts. As a core tenet of Vision 2030, Qiddiya has a dual economic and social purpose: to advance economic diversification and unlock new professional pathways while enriching lives of the youth in the Kingdom.
His Royal Highness Mohammad bin Salman, Crown Prince, Deputy Prime Minister, and Chairman of the Council of Economic and Development Affairs and of the Public Investment Fund (PIF), announced the project on April 7, 2017. Ground-Breaking took place on April 28, 2018 and the company, Qiddiya Investment Company (QIC), was incorporated as a closed joint-stock company wholly owned by PIF on May 10, 2018.
In 2020, Qiddiya has progressed from the planning to the construction phase as the mass grading and site preparation began on site, supported by security fencing around the entire premises of Qiddiya. A strategic partnership with DETASAD was also announced, building on the milestones of 2019, which included the approval of the Master Plan, the release of the design of Six Flags Qiddiya and the opening of the Welcome Center and first site office.
Qiddiya is located south-west of Riyadh on a site that spans 334 sq.km. Phase one is set to open in 2023.
Visitors will enjoy activities across five cornerstones: Sports & Wellness; Nature & Environment; Parks & Attractions; Motion & Mobility; and Arts & Culture. Development of these areas will give rise to family-friendly theme parks; sports arenas suitable for international competitions; academies for sports and the arts; concert and entertainment venues; racetracks for motorsport enthusiasts; outdoor and adventure activities alongside nature and environment experiences; and historical, cultural and educational activities. Qiddiya will also include a variety of real estate options and community services.