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Human Resources Development Fund
Annual Report 2018
HRDF strategy 2018-2020
HRDF’s alignment with Saudi Vision 2030 and National Transformation Plan 2020
The Saudi Vision 2030, the revolutionary initiative to transition and diversify the Saudi economy, is built around three primary themes: a vibrant society, a thriving economy, and an ambitious Nation. HRDF as a Government entity, has aligned itself very closely with the principal objectives of Vision 2030. Further, HRDF is working towards the short-term goals set by the National Transformation Plan 2020. These goals are economic diversification, development of human resources, expansion of public services needed to support these objectives, and promoting the expansion of the private sector as a key partner in the implementation of
Vision 2030.
Under the three main pillars of Saudi Vision 2030 there are six strategic objectives: Strengthen Islamic and national identity, offer a fulfilling and healthy life, grow and diversify the economy, increase employment, enhance Government effectiveness, and enable social responsibility. The six strategic objectives consist of three levels: Level one:“Overarching objectives”, Level two:“Branch objectives”, and Level three: “Strategic objectives”.
HRDF has aligned its strategic pillars, activities, and offering with five out of the six level one objectives, eight out of 27 level two objectives, and 18 out of the 96 of level three objectives.
Level one: Overarching objectives5 out of 6
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Enabling a prosperous and healthy life |
Developing and diversifying the economy |
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Increasing employment ratios |
Enhancing Government effectiveness |
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Enabling social responsibility |
Level two: Branch objectives8 out of 27
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Creating a proper environment for enabling Saudi nationals |
Launching capabilities of non-oil sectors |
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Developing human capital to cope with labour market requirements |
Providing job opportunities for all |
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Enabling the creation of job opportunities through SMEs |
Improving Government performance |
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Effective communication with citizens |
Enabling social contribution of firms |
Level three: Strategic objectives18 out of 96
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Enabling Saudi citizens through the Social Service System |
Nationalising promising industries |
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Ensuring alignment between education outputs and labour market needs |
Increasing woman involvement in labour market |
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Increasing SME contribution to economy |
Developing e-government infrastructure |
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Enhancing transparency across all |
Enhancing companies’ focus on national economy sustainability |
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Nationalising the military industry |
Expanding vocational training to meet labour market needs |
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Enhancing youth readiness to labour market |
Enabling disabled people integration into labour market |
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Enhancing and supporting culture of creation and entrepreneurship |
Promoting health services |
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Supporting communication channels with citizens and the business community |
Enhancing living conditions of citizens |
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Increasing productive families contribution to economy |
Ensuring |