In a bid to empower Saudi Arabian women, Saudi Aramco, Princess Nourah University (PNU) and Wipro Arabia Limited, jointly inaugurated the Kingdom of Saudi Arabia’s first all-women Business & Technology Park.
The project is expected to create nearly 21,000 jobs for Saudi women over a period of ten years.
The park will be developed in thePNU premises, and will include entrepreneur incubators, daycare centers and a one-stop coordination center for government transactions.
The Women’s Business Park is envisioned to be the largest Engineering Drafting Services, Business Process Services and Information Technology hub in the region for all industry verticals.
This initiative is a result of a joint venture between Princess Nourah University (PNU), the largest women’s university in the world and Wipro Arabia. Saudi Aramco is the strategic advisor and anchor of this initiative.
“The goal of the Women’s Business Park is to create 21,000 jobs by 2025 and give women a critical role to play in a way that serves the objectives of the nation and to build a knowledge economy with societal and international partnerships,” said Huda Al-Ameel, Rector of Princess Nourah University.
Start-up eco-system in the pipeline
According to Huda Al-Ameel, Saudi Arabia aim to provide a start-up eco-system to upcoming entrepreneurial ventures.
Women represent 60 percent of the country’s university graduates, but less than 15 percent of the country’s workforce.
Speaking about this partnership, Mr. Azim Premji, Chairman of Wipro Limited said, “Wipro has always extended support to the cause of women empowerment and it is our endeavor to foster an environment that encourages and enables more women to participate in business and tap their leadership potential.”
“We are happy to be a partner in this initiative which strongly aligns with our values.”
TCS’s all-women training center
IT company TCS has established an all-women training center in Riyadh in 2013. The center has employed 1,000 female in BPO operations and 85 percentage of them are Saudi citizens.
This center provides services in the fields of finance and accounting, human resources, materials supply and IT.