PIF keen to enhance private sector's role as investor, partner: Al Rumayyan

Yasir Al Rumayyan, Governor of Public Investment Fund

The Public Investment Fund (PIF) is keen to enhance the role of the private sector, given that it is the fund's key partner and supporter, Yasir Al Rumayyan, PIF Governor, told the PIF Private Sector Forum today, March 14.

To support the Kingdom's prosperous economy, Crown Prince Mohammed bin Salman pays great attention to the private sector and strengthening its role in developing the economy and achieving Vision 2030, Al Rumayyan said.

Through its plan to develop 13 strategic sectors in the Kingdom, PIF is keen to involve the private sector as an investor, supplier, and partner in these sectors.

The governor added the management focuses on defining the fund's strategic directions in economic development to measure the impact of its investments.

He pointed out that other programs and agreements designed for the private sector will be announced during the forum, which will contribute to facilitating communication and activation of partnerships effectively and sustainably.

This includes the launch of a new platform to share detailed information about the opportunities available to investors and suppliers from the private sector.