Public Investment Fund
Vision
The Public Investment Fund (PIF) aims to fulfill the Kingdom’s national objectives by investing domestically and internationally. PIF also seeks to play a crucial role in diversifying the Kingdom's economic base, through the establishment of strong economic partnerships that will deepen the Kingdom's role and influence in the region.
PIF also aims to be a global investment powerhouse and the world’s most impactful investor, and support the creation of new sectors and opportunities that will shape the future of the global economy, while driving the economic transformation of Saudi Arabia.
PIF Program is a roadmap and a pivotal factor for the advancement of Vision 2030, as it endeavors to develop the Kingdom's wealth by contributing to the growth of its non-oil GDP and investing in viable projects across diversified sectors.
Overview
The Public Investment Fund (PIF) was established under Royal Decree No. M/24 in 1971G (corresponding to 1391H). It underwent a significant transformation in 2015G (corresponding to 1436H), when the Kingdom's Council of Ministers issued Resolution No. 270, placing the Fund under the newly formed Council of Economic and Development Affairs (CEDA), with His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al-Saud, Crown Prince and Prime Minister of the Kingdom as chairman.
Over the past several decades, the Public Investment Fund (PIF) was a cornerstone of the Saudi economy, contributing significantly to the establishment of major domestic companies, financing strategic national projects, and cultivating a diverse investment portfolio both locally and internationally. This strategic approach was instrumental in accelerating the Kingdom's economic growth, culminating in its inclusion among the world's leading economies in the G20.
Basic Information
Name | Description |
---|---|
City | Riyadh |
Country | Saudi Arabia |
Ownership Type | Government |
Establishment Date | 1971 |
Website | www.pif.gov.sa |
pif@mof.gov.sa | |
Phone | +966 1 405 0000 |
Fax | +966 1 412 3474 |
Address | 6th Floor - Building No.2 - Ministry Of Finance Compound - Riyadh - Saudi Arabia |
PO Box | 6847 |
Financials Highlights (M )
Company Size
Investments
Company | Country | Percentage |
---|---|---|
sarcc | Saudi Arabia | 100.00 % |
SALIC | Saudi Arabia | 100.00 % |
QSAS | Saudi Arabia | 100.00 % |
Fulak Marine | Saudi Arabia | 100.00 % |
SAFE | Saudi Arabia | 100.00 % |
ROSHN | Saudi Arabia | 100.00 % |
Tarshid | Saudi Arabia | 100.00 % |
OPDC | Saudi Arabia | 100.00 % |
KAFD | Saudi Arabia | 100.00 % |
UDC | Saudi Arabia | 100.00 % |
NMDC | Saudi Arabia | 100.00 % |
AviLease | Saudi Arabia | 100.00 % |
SDC | Saudi Arabia | 100.00 % |
King Salman International Airport | Saudi Arabia | 100.00 % |
Lifera | Saudi Arabia | 100.00 % |
BDC | Saudi Arabia | 100.00 % |
TAQNIA | Saudi Arabia | 100.00 % |
SCAI | Saudi Arabia | 100.00 % |
SITE | Saudi Arabia | 100.00 % |
HPDC | Saudi Arabia | 100.00 % |
Dussur | Saudi Arabia | 100.00 % |
SAMI | Saudi Arabia | 100.00 % |
Central Jeddah Development | Saudi Arabia | 100.00 % |
Rua Al Madinah Holding | 100.00 % | |
Red Sea Global | Saudi Arabia | 100.00 % |
SIRC | Saudi Arabia | 100.00 % |
NWC | Saudi Arabia | 100.00 % |
Qiddiya Investment | Saudi Arabia | 100.00 % |
Boutique | Saudi Arabia | 100.00 % |
Riyadh Air | 100.00 % | |
Saudi Coffee Company | 100.00 % | |
NUPCO | Saudi Arabia | 100.00 % |
Alat | 100.00 % | |
Dan | 100.00 % | |
Ardara | 100.00 % | |
Tasaru Mobility Investments | Saudi Arabia | 100.00 % |
Kayanee | 100.00 % | |
MHC | Saudi Arabia | 100.00 % |
Saudi facilities | Saudi Arabia | 100.00 % |
Cruise Saudi | Saudi Arabia | 100.00 % |
Savvy Games Group | 100.00 % | |
SEVEN | Saudi Arabia | 100.00 % |
ASFAR | Saudi Arabia | 100.00 % |
SRJ Sports Investments | 100.00 % | |
Al Souda Development | Saudi Arabia | 100.00 % |
Qiddiya Investment | Saudi Arabia | 100.00 % |
Diriyah | Saudi Arabia | 100.00 % |
NSG | Saudi Arabia | 100.00 % |
Badeel | Saudi Arabia | 100.00 % |
Hadeed | Saudi Arabia | 100.00 % |
SJIF | Saudi Arabia | 92.00 % |
Electric Vehicle Infrastructure | 75.00 % | |
SAUDI ELECTRICITY | Saudi Arabia | 74.31 % |
MAADEN | Saudi Arabia | 67.18 % |
ELM | Saudi Arabia | 67.00 % |
Lucid | USA | 67.00 % |
ALAKARIA | Saudi Arabia | 64.58 % |
STC Channels | Saudi Arabia | 64.00 % |
Noon Investment | Saudi Arabia | 50.00 % |
Adeptio Holdings | Saudi Arabia | 50.00 % |
BCB Capital Partners | Luxembourg | 50.00 % |
Manarah | Saudi Arabia | 49.00 % |
ACWA POWER | Saudi Arabia | 44.16 % |
Jasarah | Saudi Arabia | 40.00 % |
Zamil Offshore Services | Saudi Arabia | 40.00 % |
SPCC | Saudi Arabia | 37.43 % |
Ibn Rushd | Saudi Arabia | 33.51 % |
Sudi Tabreed Cooling | Saudi Arabia | 30.00 % |
EMAAR EC | Saudi Arabia | 25.00 % |
ADES | Saudi Arabia | 23.79 % |
MEPCO | Saudi Arabia | 23.08 % |
BAHRI | Saudi Arabia | 22.55 % |
Aston Martin | United Kingdom | 20.50 % |
GLIC | Saudi Arabia | 20.00 % |
QACCO | Saudi Arabia | 19.01 % |
MARAFIQ | Saudi Arabia | 17.50 % |
SAPTCO | Saudi Arabia | 15.73 % |
EPCCO | Saudi Arabia | 10.00 % |
YCC | Saudi Arabia | 10.00 % |
Skyborn Renewables | Germany | 9.50 % |
Teeba | Jordan | 8.49 % |
Nintendo Co. Ltd | Japan | 7.08 % |
SAUDI CERAMICS | Saudi Arabia | 5.40 % |
SAUDI ARAMCO | Saudi Arabia | 4.00 % |