Saudi Arabia is to build four industrial cities around Riyadh dedicated to nurturing female entrepreneurs. The aim is to reduce the unemployment rate among Saudi women.
The scheme, by the Riyadh Chamber of Commerce and Industry ( RCCI ), has already been approved by Prince Mansour bin Abdul Aziz, Minister of Municipal and Rural Affairs. Final approval is soon expected from the Ministry of Commerce and Industry (MOCI).
Each of the four clusters will cost upward of $19m and occupy up to 500,000 m2, hosting 30 categories of manufacturing and industrial firms, as well as teaching facilities. “The establishment of these cities constitutes a step through which RCCI is seeking to serve all areas of Riyadh, and helping to find local industrial products made by women, and a new base for the recruitment of female job-seekers,” deputy chairman Saad bin Ibrahim Al-Meijel told Zawya.
The proposed clusters will be located on the east, west, south and north of Riyadh, and are part of the government’s wider plans to create 36 industrial zones in Saudi Arabia.