Wipro opens 1st all-woman biz park in Saudi

Wipro opens 1st all-woman biz park in Saudi

Will create nearly 21,000 jobs by 2025

Wipro opens 1st all-woman biz park in Saudi

Wipro, the largest IT services company in the country, along with Saudi Aramco and Princess Nourah University (PNU), on Monday inaugurated Saudi Arabia’s first all-woman business and technology park (WBP) at Riyadh.

A statement issued by the company said, the WBP is a joint venture of world’s largest university for women PNU and Wipro Arabia. It has Saudi Aramco as the strategic advisor and anchor of this initiative. The WBP is expected to create nearly 21,000 jobs by 2025.
Besides developing the facilities and infrastructure at the park set in Riyadh, the project also envisages training and employing up to 21,000 Saudi women, said Wipro in a statement.

The project will be the largest engineering drafting services, business process services and IT hub in the region for industry sectors including oil and gas, government, manufacturing, healthcare, telecom and construction.

According to the statement, the project aims at providing knowledge-based employment for women in the Kingdom of Saudi Arabia.

“The goal of the WBP is to create 21,000 jobs by 2025 and give women a critical role to play in a way that serves the objectives of the nation and to build a knowledge economy with societal and international partnerships,” Huda Al-Ameel, Rector of Princess Nourah University said.

The aim is also to provide a startup ecosystem to upcoming entrepreneurial ventures, she added.

“In a country where women represent about 60% of all university graduates, but less than 15% of the country’s workforce, the Women’s Business Park is poised to be a milestone initiative,” she said.

Azim Premji, Chairman of Wipro, said it is the company’s endeavour to foster an environment that encourages and enables more women to participate in business and tap their leadership potential.