Doing Business in Saudi Arabia - International Franchise Association

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Education & Training Services – EDS Overview Return to top Projected Summary Statistics for General Education for 2009 Description Schools Classes Students New Entrants (Students) Academic Staff Male 14,923 111,336 2,522,658 586,220 199,062 Female 16,875 111,274 2,496,349 651,415 226,281 Total 31,798 222,610 5,019,007 1,237,635 425,343 General Government & Education Budget 2007 (Million Riyals) General Gov. Bud. Edu. Sector Bud. % To Gen. Bud. M.o.F. Edu. Bud. % To Edu. Bud. 380,000 96,700 25.45% 70,860 73.28% Stage Gender Schools Classes Students New Entrants (Students) Academic Staff Kindergarten Coeducation 1,650 6,120 125,433 49,744 11,125 Elementary Intermediate Secondary Special Education Adult Ed. G.Total Male 7,110 66,023 1,386,480 226,764 106,652 Female 6,883 56,856 1,307,681 213,848 108,973 Total 13,993 122,879 2,694,161 440,612 215,625 Male 3,873 24,207 580,961 196,101 52,815 Female 3,302 23,778 594,448 195,960 54,041 Total 7,175 47,985 1,175,409 392,061 106,856 Male 1,932 15,586 451,984 148,778 34,768 Female 1,929 16,031 464,888 167,080 38,741 Total 3,861 31,617 916,872 315,858 73,509 Male 529 3,802 17,489 4,747 4,827 Female 144 776 5,345 1,704 1,831 Total 673 4,578 22,834 6,451 6,658 Male 1,479 1,718 21,774 9,830 0 Female 2,967 7,713 62,524 23,079 11,570 Total 4,446 9,431 84,298 32,909 11,570 Male 14,923 111,336 2,522,658 586,220 199,062 Female 16,875 111,274 2,496,349 651,415 226,281 Total 31,798 222,610 5,019,007 1,237,635 425,343
Saudi Arabia’s education system is currently experiencing an astonishing transformation. Not only has the Saudi Government been increasing budgetary allocations in support of education and manpower development projects since 2000, but it has been increasingly opening its doors to U.S. universities, institutions, and major corporations. The Saudi Government has earmarked an estimated $11 billion worth of investment opportunities in education alone through 2020.he significant public and private effort, both local and international, will further transform Saudi Arabia’s education system, and will enable an unprecedented concentration of local talent to form and be injected directly into the Saudi economy. According to the most recent statistics published by the Saudi Arabian Monetary Agency, Saudi Arabia’s public education system includes 25 public and private universities in various stages of operation, some 25,000 schools, as well as a large number of colleges and other educationrelated institutions. The student body in Saudi universities includes local and international students from over 100 countries. The total number of students enrolled in the Kingdom’s higher education institutions for the 2004/2005 academic year stood at 603,800, while the number of newly-enrolled students exceeded 200,500 for the same period. With an average population growth rate of 2.3 percent, Saudi Arabia is one of the fastest growing societies in the world. Moreover, a sizeable portion of its population is below the working age or close to entering the job market. To keep the unemployment rate of Saudi nationals, currently estimated at 12.02 percent, under control, the Saudi Government must not only ensure the availability of jobs but must also develop the appropriate framework to support highly qualified Saudi workers and equip them with the relevant skill set to meet the demands of a modern and booming economy. As a result, the Saudi Government is accelerating the overhaul of the Saudi education system to ensure it can provide the necessary human capital to keep up with the economic demands. One of the most important steps the Saudi Government has been taking in this regard is to gradually increase its annual budget. This upward trend emphasizes the Saudi Government’s vision that education is the cornerstone to sustained economic development as it brings human capital and knowledge, both essential ingredients for economic growth and social cohesion. In its 2008 budget, the largest in the economic history of the Kingdom of Saudi Arabia, the Saudi Government allocated $28 billion of the $120 billion budget for human resource development alone, up from $12.53 in 2002. This includes spending for higher education, technical and vocational training, teacher training, development of academic curricula, as well as allocations to boost scientific research and technological development at new research centers at universities. Best Products/Services Return to top The Kingdom has identified technical and administrative training as an essential sector of education to support the country’s economic and social development. Graduates of training programs in health care, agriculture, teaching and other areas are steadily filling positions at industrial, agricultural and social institutions throughout the country. The General Organization for Technical Education and Vocational Training, along with the Ministry of Labor and Social Affairs, operates most of the Kingdom’s vocational training centers and higher institutes of technical education. The Ministry of Education operates vocational and secondary schools and several other government agencies run institutes or training centers in their particular specialties. These institutes teach, for example, machine tooling, metalworking, electro-mechanics, and
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equirements defined in the Ministry
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Of interest to investors who have d
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capacity through training, has stre
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local investment houses. These allo
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any public official must be made a
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• The World Bank Institute publis
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Web Resources Return to top Saudi A
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licenses were also granted to Deuts
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allocated $36.5 billion for the edu
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Recently, the Saudi Fund for Develo
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visas will likely become the norm o
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Transportation Return to top The bu
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Web Resources Return to top Travel
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Saudi Basic Industries Corporation
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E-mail: abondthorley@fmi.org, sgeor
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