Riyadh: The Public Investment Fund (PIF) Board of Directors, chaired by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, has approved PIF’s 2026-2030 strategy. This strategy is a continuation of the fund’s long-term plan, focusing on delivering competitive domestic ecosystems to connect sectors, unlocking the full potential of strategic assets, maximizing long-term returns, and driving the economic transformation of Saudi Arabia.
According to Saudi Press Agency, the 2026-2030 strategy marks a transition as PIF moves from rapid growth to a phase of sustained value creation. It emphasizes maximizing impact, improving investment efficiency, and applying governance, transparency, and institutional excellence standards. The strategy also aims to further enable the private sector as a key partner in sustainable economic development.
Under the new strategy, PIF has structured its investments into three portfolios. The Vision Portfolio will leverage synergies across strategic sectors, contributing to national priorities through six competitive domestic ecosystems: Tourism, Travel, and Entertainment; Urban Development and Livability; Advanced Manufacturing and Innovation; Industrials and Logistics; Clean Energy, Water, and Renewables Infrastructure; and NEOM.
The Strategic Portfolio will manage key strategic assets to maximize financial returns and economic impact, supporting PIF’s companies in attracting capital and becoming global leaders. The Financial Portfolio will focus on delivering sustainable financial returns, strengthening PIF’s financial position, and growing national wealth for future generations by managing investments in global markets.
PIF Governor Yasir Al-Rumayyan noted that PIF’s strategy continues to deliver results both domestically and internationally. He highlighted PIF’s achievements, such as launching giga-projects and major real estate developments, and growing assets under management six-fold. Al-Rumayyan emphasized that PIF will continue to support Saudi Vision 2030 objectives by investing in national champions and forming global partnerships.
Al-Rumayyan further commented that the 2026-2030 strategy provides more opportunities for partners to invest in high-quality assets and ecosystems. Over the next five years, PIF aims to build on its achievements and strengthen global leadership to deliver success for both PIF and Saudi Arabia.
PIF will maintain agility in local and international markets, focusing on value realization, sustainable returns, and capital efficiency. The 2026-2030 strategy reinforces PIF’s role as a local and global investor, contributing to Saudi Arabia’s long-term economic prosperity and maintaining its mandate to drive economic transformation and generate sustainable financial returns.
The strategy builds on previous progress, including increasing assets under management from $150 billion in 2015 to over $900 billion and contributing significantly to Saudi Arabia’s non-oil GDP. PIF has also expanded its global presence with offices in North America, Europe, and Asia and maintained strong credit ratings from top rating agencies.