Wipro’s all-women business park in Riyadh will create 21,000 jobs in coming ten years
May 2, 2016, 17:44 IST
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An all women business and technology park (WBP) has been inaugurated by IT major Wipro, along with Saudi Aramco and Princess Nourah University (PNU), and is expected to create nearly 21,000 jobs by 2025. Saudi Aramco worked as the strategic advisor and anchor of WBP, which is a JV of PNU (world's largest university for women) and Wipro Arabia. It would be responsible for developing the facilities and infrastructure at the park set in Riyadh, and would also take care of the training and employment of up to 21,000 Saudi women, said a Wipro statement.
"Dedicated to working women, this business park is a first of its kind project aimed at providing knowledge-based employment for women in the Kingdom of Saudi Arabia," it added.
This park is expected to be the largest engineering drafting services, business process services and IT hub in the entire region for industry sectors, which include oil and gas, government, manufacturing, healthcare, telecom and construction.
However, this is not the first of its kind, given that Wipro's larger rival TCS has already established its first all-women Business Process Services (BPS) centre in Riyadh in 2013, where 1,000 women work in BPO operations, amongst whom 85% are Saudi nationals.
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Wipro’s Chairman Azim Premji said that 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.
"It has been more than a decade since Wipro began its operations in the Kingdom of Saudi Arabia and localisation has always been an important aspect of our business strategy here," he added.
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