Overview
As a leading economic catalyst for Saudi Arabia, the PIF Program is epitomizing the country’s vision to diversify the economy and invest locally and internationally.
The strategy will ensure PIF continues to establish robust economic partnerships to deepen its impact well beyond Saudi borders. The PIF Program is a roadmap for the advancement of Vision 2030, as it endeavors to develop Saudi Arabia’s wealth by contributing to non-oil GDP growth and investing in opportunities across diversified sectors.
PIF Program Objectives
With a pivotal role in realizing Vision 2030, Saudi Arabia’s economic transformation program, PIF’s ambitious strategy is propelling the national economy with an impact felt well beyond Saudi borders.
Grow Assets
Grow the assets of PIF
Unlock Sectors
Unlock new sectors through PIF
Build Partnerships
Build strategic economic partnerships through PIF
Localize Knowledge
Localize cutting-edge technology and knowledge through PIF
Targets and Ambitions
60%
Share of Local Content Including PIF and its portfolio companies
24%
Share of Assets in International Sectors
$320 Bn
Cumulatively Non-oil GDP Contribution
1.8 Million
Direct and Indirect Jobs to Be Created
21%
Share of Assets in New and Growth Sectors
$1.7 Tn
Assets Under Management (AUM)
Key Initiatives 2021 - 2025
PIF has launched several initiatives that are the cornerstone for realizing Vision 2030 aspirations and representing its ambitions and strategic pillars. These initiatives are: