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Public Investment Fund Program

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PROGRAM DESCRIPTION

The Public Investment Fund Vision Realization Program strengthens the Public Investment Fund, which is the engine behind economic diversity in the KSA. It also develops high focus strategic sectors by growing and maximizing the impact of the fund’s investments, making it the largest sovereign wealth fund in the world. Moreover, the program establishes strong economic partnerships that help deepen the KSA’s impact and role both regionally and globally.

OBJECTIVES

2020 COMMITMENTS

  • To contribute to the GDP by (185) billion riyals
  • To generate 20,000 direct jobs
  • To contribute to the local content in the amount of (50) billion riyals (2.3%) of the total local content that the value of assets under management to (1.5) trillion riyals
  • The total return of shareholders reaches to (4-5%)