Riyadh - Mubasher: The board of the Saudi Public Investment Fund (PIF) approved the 2026-2030 strategy, which focuses on delivering competitive domestic ecosystems to connect sectors and unlock the full potential of strategic assets.
The outlined strategy aims to maximize long-term returns, accelerate the Kingdom’s economic transformation, and further improve the quality of life of its citizens, according to a press release.
Hence, the Saudi fund has structured its investments into three portfolios, contributing to national priorities through the delivery of six competitive domestic ecosystems.
The vision portfolio will secure new opportunities for the domestic private sector while attracting global partners and investors.
Meanwhile, the strategic portfolio will actively manage key strategic assets to maximize financial returns and the economic impact of PIF’s companies.
The financial portfolio will focus on delivering sustainable financial returns to enable PIF to grow national wealth for future generations. It will manage PIF’s direct and indirect investments in global markets to foster international partnerships and increase access to global investment opportunities.
As for the six ecosystems, they include tourism, travel and entertainment, urban development, manufacturing and innovation, and logistics, as well as clean energy and renewable infrastructure.
Yasir Al Rumayyan, Governor of PIF, said: “In less than a decade, we have launched unprecedented projects, including giga-projects and major real estate developments, in addition to unique investments in strategic sectors such as artificial intelligence, gaming and esports, and renewable energy.”
“PIF also grew assets under management six-fold and attracted global partners and capital to take part in Saudi Arabia’s transformation,” Al Rumayyan noted.
He concluded: “In the next five years, we will continue to build on our great achievements and strengthen our global leadership to deliver success for PIF and Saudi Arabia.”
Earlier this month, the Saudi fund inked a deal with King Street Capital Management to expand private credit investment opportunities in Saudi Arabia and the MENA region.
