Saudi vision 2030 & opportunities for collaboration Opening speech by TVTC Governor, Dr. Ahmed F. Alfahaid
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1 Saudi vision 2030 & opportunities for collaboration Opening speech by TVTC Governor, Dr. Ahmed F. Alfahaid 7th Arab-German Education and Vocational Training Forum October 2016
2 With Vision 2030, KSA has set course for transformation HRH Mohammad bin Salman Al Saud introduced Saudi Vision 2030 in April "It is my pleasure to present Saudi Arabia s vision for the future. It is an ambitious yet achievable blueprint, which expresses our long-term goals and expectations and reflects our country s strengths and capabilities." Deputy Crown Prince, His Royal Highness Mohammad bin Salman Al Saud April 25, 2016 TVTC-Arab-German educational forum-vf.pptx 1
3 This transformation is based on KSA's unique advantages.. Vision Statement "My first objective is for our country to be a pioneering and successful global model of excellence, on all fronts, and I will work with you to achieve that." King Salman Bin Abdulaziz Al-Saud Saudi Arabia The investment powerhouse The hub connecting three continents The heart of Arab and Islamic Worlds TVTC-Arab-German educational forum-vf.pptx 2
4 ..and aims for ambitious economic & social change Three themes of Vibrant society, Thriving economy and Ambitious nation Key goals in Saudi vision 2030 Vibrant society To have three Saudi cities be recognized in the topranked 100 cities in the world To increase household spending on cultural and entertainment activities from 2.9 to 6% To raise our position from 26 to 10 in the Social Capital index To increase the average life expectancy from 74 years to 80 years Thriving economy To lower the rate of unemployment from 11.6% to 7% To move from our current position as the 19th largest economy in the world into the top 15 To increase foreign direct investment from 3.8% to the international level of 5.7% of GDP To raise the share of non-oil exports in non-oil GDP from 16% to 50% Ambitious nation To increase non-oil government revenue from SAR 163 billion to SAR 1 Trillion To raise our ranking in the Government Effectiveness Index, from 80 to 20 To raise ranking on the E- Government Survey Index from current position of 36 to be among top five nations To increase household savings from 6% to 10% of total household income Source: Vision 2030, BCG analysis TVTC-Arab-German educational forum-vf.pptx 3
5 Vocational education has a key role in delivering the vision and solving labor market challenges today Labor market challenges in Saudi today Vocational education plays a key role in solving transformation targets Only 15% of employers in private sector are Saudis Lower Saudi unemployment rate from 12% to 9% (NTP ) Youth unemployment male and female compare to G20 countries Increase number of Saudis enrolled in TVET ninefold, from 104,000 to 950,000 especially female Significant mismatch of skills supply and market requirements Grow amount of TVTC graduates joining labor force in 6m after graduation to 90% 1. NTP: National Transformation Program TVTC-Arab-German educational forum-vf.pptx 4
6 As the regulator and public provider, TVTC leads the change in Tech. and Voc. education PUBLIC MANDATE on TVET regulation and provision NATION-WIDE PRESENCE in every region, 200+ training units BROAD OFFERING 40 specializations, delivered by 14K+ staff GROWING TRAINEE BASE with 170K+ trainees & 10% y-o-y growth TVTC-Arab-German educational forum-vf.pptx 5
7 To reach the targets, TVTC is redefining strategy and aligning mandates of entire TVET sector.. TVET Reform and TVTC Strategy Capability building Skills Verification System Bachelor programs expansion Initiative 1 Flexible programs Strategic partnerships Targeted sector localization Initiative 2 Evening programs TVET for general education... Initiative 3 National Qualification Framework 1 NTP Initiatives Other TVTC Initiatives New initiatives being defined as part of TVET reform Examples Involved Stakeholders MLSD MEP HRDF EEC MCS Doroob MoE MoF Sectoral Councils TVTC-Arab-German educational forum-vf.pptx 6
8 ..and applying innovative approaches in training delivery Partnering with international training providers at ITC 33 International technical colleges for male & female students 14 international top-level learning providers Plan to expand Partnering with foreign & local employers to deliver training customized to their needs 21 Strategic Partnership institutes operating 75,148 applicants and 8,284 graduates over the last 5 years Plan to expand to 35 by 2020, including new partnership models Increasing quality and perception of vocational education in the market Offering being modularized for more individualized upskilling Capability building with international providers starting A comprehensive system to test skills of incoming and existing workforce planned Target to examine ~50% of employees by 2020 Source: TVTC, Colleges of Excellence, Strategic Private Partnerships TVTC-Arab-German educational forum-vf.pptx 7
9 Tourism & energy sectors are at the heart of transformation In focus of our conference here Diversify & localize Energy sector Boost renewable energy market Generate 9.5 gigawatts of renewable energy Localize R&D & manufacturing Localize the oil & gas sector Energy sector skills council being established to precisely determine the skills and knowledge required in industry TVTC working closely with key industry players to establish partnerships for oil & gas and solar energy sectors e.g. Higher Institute for Water and power Technologies, Saudi Petroleum Services Polytechnic Raise Tourism & Leisure sectors to international standards Create ecosystem that is of highest international standards Prepare & develop historical and heritage sites Tourism sector council is planned to be established CoE (on behave of TVTC) operate related colleges in Riyadh, Madinah, Al Baha & Jazan TVTC-Arab-German educational forum-vf.pptx 8
10 In sum, enormous opportunity for us to work together Knowledge sharing on solving labor market challenges in economy with high share of migrants Partnering to establish further strategic partnerships Bringing in experts to support strategic initiatives, e.g. Capability Building and development of Skills Verification TVTC-Arab-German educational forum-vf.pptx 9
11 Tag der Deutschen Einheit TVTC-Arab-German educational forum-vf.pptx 10
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