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Manila Bulletin devider Philippines devider National devider Over 200k jobs in Saudi opened for Pinoys following Marcos visit, says Romualdez 

Over 200k jobs in Saudi opened for Pinoys following Marcos visit, says Romualdez 

Published Oct 24, 2023 07:04 am

At A Glance

  • House Speaker Martin Romualdez, who accompanied President Marcos to Kingdom of Saudi Arabia (KSA), estimated that the trip opened up an estimated 220,000 job opportunities for Filipinos. 

20230721_124741.jpgHouse Speaker Martin Romualdez (left), President Ferdinand "Bongbong" Marcos Jr. (Speaker’s office)

 

 

 

 

 

Here's more proof that President Marcos' recent trip to the Kingdom of Saudi Arabia (KSA) was a rousing success. 

House Speaker Martin Romualdez, who accompanied President Marcos to the oil-rich nation, estimated that the trip opened up an estimated 220,000 job opportunities for Filipinos. 

Romualdez cited the four landmark agreements between Saudi and Filipino firms signed during President Marcos' visit that would translate to job opportunities for hundreds of thousands of Filioino workers to fill the growing demand for laborers in KSA's pursuit of Saudi Vision 2030. 

Saudi Vision 2030 includes, among others, non-oil diversification of its economy, improving infrastructure, advancing digitalization, and creating competitive business environments. 

“The successful visit of President Marcos to Saudi is a solid testament to the dedication of his administration in ensuring the well-being and improving the lot of Filipino workers, through enhancement of the long-standing friendship and diplomatic ties between the two nations,” Speaker Romualdez said. 

“This visit reaffirms the commitment of our government to support and protect the rights and welfare of our overseas Filipino workers (OFWs), who have played a pivotal role in enhancing the lives of their families and the entire nation,” he added. 

The leader of the 300-plus strong House of Representatives noted that in his message to the Filipino community in Saudi Arabia, Marcos shared that his high-level discussions with Saudi officials also delved on improving job security and working conditions of OFWs in the kingdom. 

Topping the four agreements is the US $3.765-billion deal between Al-Jeer Human Resources Company (ARCO) and Association of Philippine Licensed Agencies for the Kingdom of Saudi Arabia to cooperate in terms of investments that would employ Filipino workforce in the kingdom. 

The agreement is expected to generate more than 200,000 jobs to meet the demands of the market in accordance with the kingdom’s Vision 2030.

Also signed during the event was deal between Al Rushaid Petroleum Investment Company & Samsung Engineering NEC Co. Ltd., on one hand, and Filipino firm EEI Corporation for the establishment of a 500-person training facility in the Tanza, Cavite, Philippines. The deal is valued at $120 million 

Meant to upgrade Filipino labor skills in masonry, carpentry, electrical, welding, equipment management, warehousing, steel fabrication, and other construction-related crafts, the project aims to train at least 2,000 Filipinos starting in 2024 and more than 15,000 in the next five years. 

Likewise signed were two separate agreements between Maharah Human Resources Company of Saudi and Filipino firms Staffhouse International Resources Corporation and E-GMP International Corporation, each valued at around $191 million. 

Both agreements seek to recruit 10,000 Filipino workers annually to the kingdom until 2030. 

Related Tags

Ferdinand Bongbong Marcos overseas Filipino worker Martin Romualdez Kingdom of Saudi Arabia
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