PIF: Creating a Promising Future for the People

PIF: Creating a Promising Future for the People

International and Arab News

The Public Investment Fund (PIF) today occupies a prominent, influential position as a major investment force among the world’s top sovereign wealth funds. Its strategies act to boost national economic growth through investment in projects and opportunities on the national and international levels, and the support of portfolio companies to enable them to operate smoothly and effectively. All of this contributes to improving the quality and efficiency of the services offered across numerous vital sectors.

At PIF, we have adopted an ambitious growth strategy under the leadership of HRH Crown Prince Mohammed bin Salman bin Abdulaziz, Deputy Prime Minister, Minister of Defense, Chairman of the Council of Economic Affairs and Development, and Chairman of the Public Investment Fund. This strategy seeks to support the Kingdom’s drive for economic diversification and create developmental value that positively impacts the Saudi citizens and future generations, in line with the goals of Vision 2030.

Planning and execution are key to enabling major economies achieve their ambitions. With this in mind, PIF has given special attention to creating a positive impact on the lives of both citizens and coming generations by helping develop new sectors, creating job opportunities, accelerating the transfer of technology, and