With the guidance of God Almighty , we have embarked on a new era of growth and leadership toward comprehensive economic and social development, with the launch of Saudi Arabia’s Vision 2030 : “Saudi Arabia… the heart of the Arab and Islamic worlds, the investment powerhouse, and the hub connecting three continents”. The Vision revolves around three pillars: a vibrant society, a thriving economy, and an ambitious nation.
The Public Investment Fund (PIF) Program (2018-2020) is one of twelve vision realization programs. The Program outlines our objectives in local and international investments that enable the diversification of the Kingdom’s sources of development and growth. The Program crystalizes PIF’s role as the engine behind economic diversity in the Kingdom by developing strategic sectors. It also seeks to grow PIF into one of the largest sovereign wealth funds in the world, as well as to build strong economic partnerships to deepen and strengthen the impact and role of Saudi Arabia on the regional and global stages.
This document details the PIF Program’s ambitions, objectives, targets, and initiatives for the period 2018-2020.