An Australian success story in the Middle East

Perth-based SME Miles Morgan Australia was established in 1997 and provides research, policy and consultancy services, predominately to government organisations.

A key area of Miles Morgan’s focus is on providing career development and transition support, vocational education and training, and occupation and career profiling services.

Miles Morgan has undertaken many projects in Australia that have helped advance Australia’s career development frameworks and quality standards.

In Saudi Arabia, foreign nationals make up a significant proportion of the workforce.

Recognising that this isn’t sustainable in the longer term, the Saudi Ministry of Labor and the Human Resources Development Fund (HRDF) initiated a project to encourage Saudi nationals into more diversified career pathways.

After an international search, Miles Morgan won a contract to design the policy framework, national quality standards and a governance model for the new career education and development ecosystem.

Under the contract, Miles Morgan was required to provide a bank guarantee to back performance under the contract, which had to be issued by a Saudi bank.

To facilitate that outcome, Miles Morgan’s bank relied on our Performance Bond to issue a guarantee to the Saudi bank, which in turn issued the bank guarantee to HRDF.

Given the small size of the bond required and the challenging nature of the export market involved, we were pleased to have been able to support this important international public policy project.

Miles Morgan is now pursuing other export opportunities within Saudi Arabia and elsewhere in the Gulf.