India’s Wipro Group has become a talent manager and technology partner in the world’s largest all women business and technology park to be set up in Riyadh by Princess Nourah University (PNU).
Wipra Arabia Ltd is venturing with PNU in setting up the Women’s Business Park (WBP) which is expected to create 21,000 jobs for Saudi women by 2025.
Saudi Aramco is the strategic advisor and anchor of this initiative. Wipro joined the partnership because of its experience in managing talent and providing IT services to a multi-industry customer base.
The park will be developed in the iconic PNU premises, and will include entrepreneur incubators, daycare centers and a one-stop coordination center for government transactions.
The Women’s Business Park is envisioned to be the largest Engineering Drafting Services, Business Process Services and Information Technology hub in the region for a number of industry sectors including Oil & Gas, Manufacturing, Government, Healthcare, Telecom and Construction.
The idea of the business park was conceived in September 2014 when Saudi Aramco signed a Memorandum of Understanding with PNU.
PNU Rector Dr. Huda Al-Ameel said, “We aim to provide a start-up eco-system to upcoming entrepreneurial ventures. 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.”
Speaking about this partnership, Wipro Ltd chairman Azim Premji said, “Wipro has always extended support to the cause of women empowerment and it is our endeavor to foster an environment that encourages and enables more women to participate in business and tap their leadership potential. It has been more than a decade since Wipro began its operations in the Kingdom of Saudi Arabia and localization has always been an important aspect of our business strategy here. We are happy to be a partner in this initiative which strongly aligns with our values.”
The park will be developed in the iconic PNU premises, and will include entrepreneur incubators, daycare centers and a one-stop coordination center for government transactions. fii-news.com
