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Success Stories

Celebrating the impactful collaborations with the Private Sector. Discover inspiring stories of companies that have thrived and achieved remarkable success with strategic partnerships with PIF and its portfolio companies. These success stories highlight the transformative power of collaboration, innovation, and shared goals.

  • GROHE becomes the first global sanitary brand to launch Saudi- made products

    GROHE becomes the first global sanitary brand to launch Saudi- made products

    PIF supported GROHE, a leading global brand for complete bathroom solutions and kitchen fittings, providing visibility on the demand in Saudi Arabia from PIF portfolio companies as well as wider demand within the market and in identifying and connecting with the right local partners. As a result, the GROHE brand as part of LIXIL formed a partnership with Zamil Plastic Industries Co. to open the first manufacturing facility to product Saudi-made concealed cisterns in the Middle East.

  • Hassan Allam

    Hassan Allam Holding (HAH) expands its presence in Saudi Arabia through PIF support

    Established in 1936, Hassan Allam Holding (HAH) is one of the oldest Engineering & Construction and Investment & Development companies specializing in large-scale infrastructure, energy, and real estate projects across the MENA region. The group has a presence across three continents and has a strong international team of 50,000 employees. Hassan Allam explored opportunities published on Private Sector Hub and subsequent close collaboration with PIF to expand its presence in Saudi Arabia.

  • WOLFFKRAN’s expansion into Saudi Arabia to establish the first tower crane manufacturing plant in the Middle East

    WOLFFKRAN’s expansion into Saudi Arabia to establish the first tower crane manufacturing plant in the Middle East

    WOLFFKRAN, the oldest tower crane manufacturer in the world, is an industry leader known for its advanced technology, exceptional engineering, and comprehensive services for major construction projects worldwide. WOLFFKRAN was one of the first international companies to utilize the PIF’s Private Sector Hub, through which WOLFFKRAN explored relevant opportunities to expand in the Saudi market.

  • Hitachi Energy

    Hitachi Energy’s partnership with PIF’s Saudi Electricity Company (SEC) is pioneering Gas Insulated Switchgear (GIS) manufacturing to elevate Saudi Arabia’s energy infrastructure

    Hitachi Energy, a globally acclaimed company, specializes in innovative and sustainable solutions across the utility, industry, and infrastructure sectors, emphasizing digital transformation and a carbon-neutral energy future.

  • Saudi Power Transformer Company

    Saudi Power Transformer Company (SPTC)’s alliance with PIF’s Saudi Electricity Company (SEC) is revolutionizing High-Voltage Transformer Production in the GCC

    The Saudi Power Transformer Company (SPTC) is a premier GCC power transformer manufacturer; they were established in 2010 as a Joint venture between Saudi Transformers Co. Ltd. and CG Power Systems-Belgium.

  • Alturki banner

    Alturki Holding’s pioneering role in Saudi’s infrastructure transformation by unlocking growth via PIF programs​

    Alturki Holding, with over four decades of commitment to Saudi Arabia's development, has witnessed exponential growth and diversification, leveraging Public Investment Fund (PIF) programs for the private sector. Key collaborations, such as the one with Nesma & Partners, have not only enhanced Saudi's construction ecosystem but also positioned Alturki Holding on a trajectory towards international expansion.

  • Al Babtian Image

    Al-Babtain's leap into renewable energy: creating global impact and business expansion by partnering with PIF’s ACWA Power

    Al-Babtain, a renowned local steel manufacturer, embarked on a transformative journey in partnership with ACWA Power, a Portfolio Company of the Public Investment Fund (PIF). This collaboration aimed to build solar trackers for Saudi Arabia's first utility-scale solar project, Sakaka.

  • Tamimi Image

    TAFGA and PIF’s Red Sea Global strike a partnership to champion sustainable development in construction

    In a landmark partnership, Tamimi Global Co. Ltd. (TAFGA), a renowned private sector Saudi Arabian company, joined forces with Red Sea Global (RSG), a Portfolio Company of the Public Investment Fund (PIF), for the development of the AMAALA Construction Village.

  • MZN Image

    MZN tapped into PIF's hospitality, tourism initiatives to broaden the reach of their “Made-in-Saudi” products

    MZN Bodycare, a Saudi Arabian natural body care products brand, scaled their business with support from Public Investment Fund (PIF). Collaboration with PIF's Local Content Growth Program, MUSAHAMA, helped MZN Bodycare enhance the visibility of its unique "Made-in-Saudi" products and contribute to the local economy.