Public Investment Fund | Driving Growth & Success in The Economy

Public Investment Fund | The Kingdom's Economic Catalyst

The powerhouse driving the Kingdom’s economic transformation with top-tier global strategic partners and renowned investment managers, the Public Investment Fund (PIF) acts as the Kingdom's main investment arm. Its operations aim to deliver its strategy, which focuses on achieving attractive financial returns and significant long-term value for Saudi Arabia.

Saudi Arabia’s Public Investment Fund (PIF) established in 1971, is developing a portfolio of high-quality domestic, regional, and foreign investments diversified across sectors, geographies, and asset classes while creating an impact far beyond Saudi borders. PIF plays a vital role in realizing the Kingdom’s commitment to achieving Vision 2030 and driving the Kingdom to a flourishing future. It is bringing positive, sustainable change to the Kingdom of Saudi Arabia, including new opportunities for:

Investments Portfolio | Components of a Thriving Economy

The Public Investment Fund in Saudi Arabia has worked towards redefining itself in the wake of uncertain economic reliance on oil. Saudi Arabia is in the midst of a self-driven transition towards an economy based on productivity, reform, and socio-economic improvement, creating job opportunities, developing capabilities, and serving as a catalyst for the local economy to compete globally. The Public Investment Fund is active in managing its companies by defining and developing strategies and initiatives in a number of sectors as follows:

Investment Pools Of Saudi Arabia | Shaping the Future of the Global Economy

PIF is expected to contribute SAR 1,200bn to non-oil GDP through the companies in its portfolio. Initiatives to combat unemployment are anticipated to create 1.8 million new direct and indirect jobs in the Kingdom from 2021-2025. The fund strategy is split into six different pools of capital: four domestic and two internationals, and they are:

PIF’s integrated ecosystems will exert a powerful and enduring impact on economic development by expanding key sectors, spurring local content, developing stimulating innovation, nurturing partnerships, and attracting investment. They will foster entrepreneurial opportunities, create cascading jobs, and enhance the quality of life.

What do Saudi Arabia’s Public Investment Fund initiatives mean for foreign businesses?

As foreign companies seek to do business in Saudi Arabia, companies must align their own business objectives with the goals of the Kingdom, particularly the goals articulated in Vision 2030. This could build a much stronger foundation for doing business in Saudi Arabia and increase the likelihood of a company’s success.

Companies that understand the Kingdom’s goals and how to align their business objectives accordingly will thrive. Understanding how business operations are carried out in Saudi Arabia and who the key stakeholders are will be critical for achieving success in doing business in Saudi Arabia.

How can INNOVISION Help You Set-up a Business in Saudi Arabia?

INNOVISION is a one-stop solution for businesses from all over the world to capitalize on the tremendous growth happening at this time in the Kingdom of Saudi Arabia. We seamlessly build your legal, operational, financial, regulatory, and cultural processes through expert advice, access to a network of industry leaders, and comprehensive knowledge of Vision 2030. What it means for you is that you will gain tactile insights and a deployable road map for expansion in the local Saudi market.

To learn more about how we can help you establish or expand your business in Saudi Arabia, visit our website at www.innovision.com.sa