Our program

PIF Program 2021-2025

PIF Program is directly mandated to realize Vision 2030, including its second pillar "Thriving Economy"

Overview
About the program

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.

01

Grow Assets

Grow the assets of PIF

02

Unlock Sectors

Unlock new sectors through PIF

03

Build Partnerships

Build strategic economic partnerships through PIF

04

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: