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Saudi Aramco established a training center for local tourism industry

Oil giant Saudi Aramco established a training center for Saudi Arabian tourism industry workers, as part of the government’s efforts to develop the economy outside of the oil sector. Saudi Aramco has agreed with the state-controlled Vocational Education Unit and the Kingdom’s Tourism Commission to train young citizens in the tourism and hotel sectors as well as in the management of other public and private services.

The local authorities want the tourist center to train 5,000 male and female people within four years, the company said without giving financial details. The government is keen to develop Islamic tourism as part of the effort to diversify the economy.

Although Saudi Aramco focuses on oil, gas and petrochemicals, the company is often involved in other government initiatives, as it is the largest in Saudi Arabia and one of the most efficient.

The company, which plans an initial public offering to local and foreign investors next year, presented last year plans to build a 5 billion USD shipbuilding complex and opened a 800 million USD cultural center in the city of Dahran in December.

About Manuel Fajardo

Manuel Fajardo is from Brazil, living in Porto Alegre. He works in Finance Apprise Journal, as analysts and content writer. In my responsibilities are finance and business news for Latin America, Asia and Australia.

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