Chaired by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister and Chairman of the <a href="https://www.pif.gov.The Board of Directors of the Public Investment Fund (PIF) - may God protect him - approved the Fund's strategy 2026-2030, which is a continuation of its long-term orientation, where the Fund will focus on building highly competitive local economic systems, supporting integration between sectors, maximizing the value of strategic assets and sustaining returns, and continuing the process of economic transformation in the Kingdom and enhancing the quality of life of its citizens.The 2026-2030 strategy represents a natural progression from growth and expansion to a new phase of sustainable value creation, maximizing impact, increasing investment efficiency, applying the highest standards of governance, transparency and institutional excellence, and enhancing the role of the private sector as an active partner in sustainable development.

Fund Investment Allocations
The Public Investment Fund's investments under the 2026-2030 strategy are distributed across three investment portfolios.

The Public Investment Fund

The first is the "Vision Portfolio“, which aims to enhance the integration of strategic priority sectors, maximize the value of the Fund's companies, continue to drive the growth of the local economy and contribute to the achievement of national targets and priorities, by developing six integrated economic systems that enhance the integration of its investments and increase their competitiveness, and open the way for wider opportunities and partnerships with the local private sector as investors, partners and suppliers to be an active partner in sustainable development, in addition to attracting international partners and investors.<The economic ecosystems include ”Tourism, Travel and Leisure,“ ”Urban Development,” ”Advanced Industries and Innovation,” ”Industry and Logistics,” ”Clean and Renewable Energy and Water Infrastructure,” and ”NEOM.”

The second ”Strategic Investment Portfolio“: To manage and maximize the returns of strategic assets, increase the economic impact of the Fund's companies, support their efforts to attract local and international investments, and transform into leading global companies.

The Fund will continue through this portfolio to invest in strategic areas over the long term, taking into account economic changes and global transformations.

The third ”Financial Investments Portfolio“: It will focus on achieving sustainable financial returns to strengthen the Fund's financial position and its role in continuing to develop national wealth for future generations, and will focus on direct and indirect investments in global markets by the Fund

PIF achieves local and international achievements On this occasion, His Excellency Mr. Yasser bin Othman Al-Rumayyan, Governor of the Public Investment Fund, said: "The Public Investment Fund's strategy continues to achieve achievements while growing locally and internationally. In less than a decade, the Fund has launched unprecedented projects represented in major projects and real estate projects, and quality investments in strategic sectors such as artificial intelligence, electronic games, and renewable energy. The Fund was able to multiply its assets under management to six times, attract international companies and investors to the local market to participate in the economic transformation witnessed by the Kingdom, and the Fund will continue during the next phase to contribute to achieving the objectives of Saudi Vision 2030 through economic systems. “The 2026-2030 strategy is a natural progression in the Fund's growth, and provides our partners with new opportunities to invest with the Fund in high-value assets and integrated economic systems. Over the next five years, the Fund will continue to elevate its achievements and strengthen its leadership at the international level to achieve success for the Fund and the Kingdom.”

Maximizing value and financial returns
During the next phase, PIF will continue to invest flexibly locally and internationally, take advantage of opportunities that enhance the growth of the local economy and influence the global economy that is witnessing rapid transformations, and will focus on maximizing value and financial returns, increasing the efficiency of investments, maintaining best practices, adopting innovation, harnessing data and artificial intelligence to ensure continuous improvement and achieving organizational excellence.The strategy will set the Fund's course for decades to come, establishing it as a local and international investor with an impactful and diversified portfolio, contributing to the Kingdom's long-term economic prosperity, and maintaining the uniqueness of its vision and mission by focusing on driving the Kingdom's economic transformation and delivering sustainable financial returns.

Fund's next five-year strategy:

Building on the achievements of its previous strategies, most notably:

Fund's next five-year strategy:

• Rising assets under management from 500 billion riyals in 2015 to over 3.4 trillion riyals in 2025.
• Continued to achieve total shareholder return in excess of 7% on an annualized basis since 2017.
• Invest approximately 750 billion riyals domestically in new projects from 2021 to 2025.
• Cumulatively contributing 910 billion riyals to the Kingdom's real non-oil GDP from 2021 to 2024, reaching a contribution of approximately 10% of the Kingdom's total non-oil GDP in 2024.
• Spending approximately 590 billion riyals in local content from 2021 to 2024.
• Expanding global presence by opening a number of offices for subsidiaries around the world in Asia, Europe and America, with the aim of deepening the Fund's engagement in priority international markets and investing in sectors, industries and companies that will shape the economies of the future.
The Fund has received high credit ratings from the three major rating agencies, among a limited group of sovereign funds with similar ratings, with Moody's upgrading the Fund's rating to Aa3, with a stable outlook. Fitch Ratings also gave the PIF a long-term issuer rating of A+, with a stable outlook.