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MLSD to implement decision to nationalize gold and jewelry sector next Sunday in bid to generate job opportunities for Saudi nationals

Publication date: 21 September 2022 - 25 Safar 1444
الأحد المقبل.. تطبيق قرار توطين نشاط الذهب والمجوهرات في المملكة لتمكين المواطنين من فرص العمل

The Ministry of Labor and Social Development will implement next Sunday the decision to nationalize the gold and jewelry sector in a bid to activate and execute the nationalization program that targets various regions in the Kingdom.

A number of nationalization decisions have been issued to generate job opportunities for Saudi nationals and implement in cooperation with related entities including the Ministry of Interior, the governorates of regions, the Ministry of Labor and Social Development, the Ministry of Municipal and Rural Affairs, the Ministry of Commerce and Investment, the Public Security and the General Directorate of Passports (Jawazat).

MLSD spokesman Khaled Abalkhail emphasized the ministry’s inspection team which is in partnership with the concerned entities will implement inspection rounds on malls and shopping centers in various regions of the Kingdom to check everyone comply with the nationalization of the gold and jewelry industry and track down violations.

Abalkhail also urged customers to cooperate with the ministry and report violations relating to the nationalization and Labor Law through the ‘Ma3an Lil Rasd’ app or contact the unified customer service no. (19911), reassuring all reports would be dealt with a prompt respond as the ministry is keen to improve, develop and regulate the environment of the labor market.

Meanwhile, the regional nationalization program aims to prepare plans and implementation mechanisms aimed at nationalizing occupations in the economic sectors and activities with relying on capabilities of each region, as well as implement the previously-issued nationalization decisions and programs.

The program that target the Saudi regions is in a bid to empower the Saudi young people to seize job opportunities, enhance integration among all government and private entities to carry out target nationalization plans, find a decent and appropriate work environment and lay out incentives to encourage the business sector to nationalize jobs in the region.

It attempts to find suitable mechanisms that develop and enhance workforce capabilities and skills and prepare Saudi nationals through training programs in partnership with certain entities.

The ministry said it was agreed on activating the joint work in terms of implementing the nationalization program that target labor sectors in the regions, as well as overseeing their implementation and activating the inspection and nationalization efforts.

Additionally, the ministry said the nationalization program guide has been approved to support and enhance efforts made by the participating entities with the aim of increasing productive nationalization rates.

MLSD said the field committees are tasked to implement and monitor the inspection plan for the enforcement of the nationalization program in the region, as well as launching morning and evening inspection rounds that cover the activities taking place in the specific geographical scope.

The committees are assigned to prepare timetables for priority sectors in order to intensify field inspection efforts with reporting the governorate of region, as well as detecting violations in case of incompliance to the nationalization decisions, the ministry explained further.

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