Saudi Arabia’s Ministry of Human Resources and Social Development announced a localization plan requiring 40 percent of workers in the consultancy sector to be Saudi nationals by the end of March 2024.

This move targets jobs such as financial advisory specialists, business advisers, and cybersecurity specialists.

The initiative aims to boost local employment, reduce reliance on foreign workers, and is part of broader Vision 2030 goals.

Key stakeholders, including the Ministry of Finance and the Local Content and Government Procurement Authority, support the plan, which is expected to impact sectors like tourism, healthcare, IT, and renewable energy.

While challenges such as talent gaps and cultural shifts exist, experts believe the benefits of regional understanding and innovation outweigh them.

The plan provides high-value jobs, modernizes the economy, and creates a thriving knowledge-based community, aligning with Vision 2030 objectives.