Public Investment Fund, in partnership with the National Infrastructure Fund, launched the “Contractor Finance Program”, an initiative aimed at strengthening the local construction sector by providing diverse and specialized financing solutions for construction companies, developing an effective, integrated and transparent business environment in the sector, and presenting projects designed to enhance the financial flows of contracting companies.

This came on the sidelines of the second edition of the Public Investment Fund and Private Sector Forum, which kicked off last Tuesday at the King Abdulaziz International Center for Construction (KAICC). This came on the sidelines of the second edition of the Public Investment Fund and Private Sector Forum, which kicked off last Tuesday at the King Abdulaziz International Convention Center in Riyadh, organized by the Fund to enhance cooperation and partnership with the private sector and review opportunities for local companies in various strategic sectors.

The forum is the largest private sector event of its kind in the Kingdom, with more than 8,000 participants. The first day's sessions were attended by a number of ministers and senior officials from the Fund and a number of government agencies, in addition to representatives of 80 of the Fund's portfolio companies, with more than 100 booths for Fund companies and a number of government agencies.

The Forum is the largest private sector event of its kind in the Kingdom.