Saudi Arabia is determined to eradicate unemployment within five years and increase the pace of Saudization, Labor Minister Dr. Ghazi Al-Gosaibi told the ongoing 6th Jeddah Economic Forum yesterday. "There is a plan to employ 120,000 Saudis in the private sector every year," he said focusing on the national employment strategy. The day also featured Prince Sultan Bin Salman, Head of the Supreme Commission for Tourism, as the moderator for a panel discussion on tourism driving the development of national capabilities. He described the Kingdom's tourism as one of the fastest growing sectors and offered the best environment to create jobs for youth. "Saudization is a reality and the SCT is looking to Saudize 80 percent of the tourism sector," Prince Sultan was quoted as saying by Arab News. --MORE 1028 Local Time 0728 GMT