Kuwait’s new initiative aims to draw youth into private sector
The government is enhancing job opportunities and financial incentives to increase the national labor percentage in the private sector, currently at 4.4%.
• The government’s development plan includes a project to qualify more Kuwaiti youth for the private sector, emphasizing financial benefits, innovation, and job competitiveness.
Alongside efforts to adjust the demographic structure and expand the replacement policy in state entities, a responsible source disclosed a government plan to encourage Kuwaiti youth to enter the private sector, according to Al Qabas newspaper.
The source informed the newspaper that the government is currently studying options to make private sector institutions more attractive to graduates, particularly through the development of job and financial concessions. Additionally, there is a trend to increase the percentage of national labor in the private sector, which is currently estimated at 4.4%.
The source pointed out that the Council of Ministers has directed the relevant state authorities to encourage national labor to work in non-governmental sectors and to take measures that will ensure job stability and provide appropriate incentives to expand the employment of Kuwaiti workers in the private sector.
He pointed out that the Demographic Adjustment Committee continues to work in coordination with relevant state authorities to increase the participation of Kuwaitis in the labor market, create new job opportunities for Kuwaiti youth, and provide a supportive environment for them to join the private sector. This includes stimulating self-employment and supporting medium and small enterprises through upcoming privileges and streamlined procedures for establishing these projects.
The source explained that the government has included a project in the development plan aimed at qualifying as many Kuwaiti youth as possible to work in the private sector, highlighting its financial and functional benefits, and encouraging innovation and job competitiveness.
According to the source, the project aims to establish sixpermanent centers and 34 temporary centers, with the goal of guiding at least 2,000 young job seekers annually into the private sector and providing approximately 3,000 job opportunities in the private sector’s vacancy database each year.