PIF | The Program | Public Investment Fund

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</button> </div> </div> </div> </div> </div> <div class="row component column-splitter"> <div class="col-12 mobile-nav-wrapper"> <div class="row"> <div class="component link-list nav-mobile col-12"> <div class="component-content"> <h3>Who We Are</h3> <ul> <li class="item0 odd first"> <div class="field-link"><a data-variantfieldname="Link" href="/en/who-we-are/" data-variantitemid="{1DD377E7-1495-476B-AAE8-21AB4DBCCE90}">Who We Are</a></div> </li> <li class="item1 even"> <div class="field-link"><a data-variantfieldname="Link" href="/en/who-we-are/our-leadership/" data-variantitemid="{DEC3C4EF-ACE6-41F9-9C63-45ACE1983588}">Our Leadership</a></div> </li> <li class="item2 odd last"> <div class="field-link"><a data-variantfieldname="Link" href="/en/who-we-are/our-history/" data-variantitemid="{0A75995D-4726-4011-8E69-0BF8D6B41CF3}">Our History</a></div> </li> </ul> </div> </div> <div class="component link-list nav-mobile col-12"> <div class="component-content"> <h3>Our Investments</h3> <ul> <li class="item0 odd first"> <div class="field-link"><a data-variantfieldname="Link" href="/en/our-investments/" data-variantitemid="{EBBF7E2D-85B0-48BF-86F7-2726B21A9899}">Our Investments</a></div> </li> <li class="item1 even"> <div class="field-link"><a data-variantfieldname="Link" href="/en/our-investments/our-portfolio/" data-variantitemid="{C2015D0A-E1F1-46CD-9F77-846DED78A2CE}">Our Portfolio</a></div> </li> <li class="item2 odd"> <div class="field-link"><a data-variantfieldname="Link" href="/en/our-investments/giga-projects/" data-variantitemid="{D97E15B4-8E8F-4982-8DD0-036BABBDD24B}">Giga-Projects</a></div> </li> <li class="item3 even"> <div class="field-link"><a data-variantfieldname="Link" href="/en/our-investments/investment-pools/" data-variantitemid="{A2FEF8AF-FE23-4843-9A51-ECCC1895AB7B}">Investment Pools</a></div> </li> <li class="item4 odd last"> <div class="field-link"><a data-variantfieldname="Link" href="/en/our-investments/governance-and-investment-decisions/" data-variantitemid="{6338E6BA-06AD-4577-9CB9-5165B3E602B3}">Governance and Investment Decisions</a></div> </li> </ul> </div> </div> <div class="component link-list nav-mobile col-12"> <div class="component-content"> <h3>Our Strategy & Impact</h3> <ul> <li class="item0 odd first"> <div class="field-link"><a data-variantfieldname="Link" href="/en/strategy-and-impact/" data-variantitemid="{AB1E0F2C-E257-43AE-BCA6-4C3AFB19B76D}">Strategy & Impact</a></div> </li> <li class="item1 even"> <div class="field-link"><a data-variantfieldname="Link" href="/en/strategy-and-impact/the-program/" data-variantitemid="{A52BC989-855D-4E6E-BE79-DCC08509A714}">Our Program</a></div> </li> <li class="item2 odd last"> <div class="field-link"><a data-variantfieldname="Link" href="/en/strategy-and-impact/invested-in-better/" data-variantitemid="{C2294E2F-DBC3-4CB2-BF26-0048DD7B0315}">Invested in Better</a></div> </li> </ul> </div> </div> <div class="component link-list nav-mobile col-12"> <div class="component-content"> <h3>Investors</h3> <ul> <li class="item0 odd first"> <div class="field-link"><a data-variantfieldname="Link" href="/en/investors/" data-variantitemid="{44B399EF-C488-4656-A127-B637077EDF73}">Investors</a></div> </li> <li class="item1 even"> <div class="field-link"><a data-variantfieldname="Link" href="/en/investors/green-finance-framework/" data-variantitemid="{87F2AF72-735E-4431-B822-226F68287F8E}">Green Finance Framework</a></div> </li> <li class="item2 odd"> <div class="field-link"><a data-variantfieldname="Link" href="/en/investors/capital-markets-program/" data-variantitemid="{B6A2191D-2D9A-4B23-A6F0-8EF0ABF670F4}">Capital Markets Program</a></div> </li> <li class="item3 even"> <div class="field-link"><a data-variantfieldname="Link" href="/en/investors/annual-reports/" data-variantitemid="{AC6F4E45-DE7A-4BB3-8E0F-51E41BD9FAEB}">Annual Reports</a></div> </li> <li class="item4 odd"> <div class="field-link"><a data-variantfieldname="Link" href="/en/investors/financial-statements/" data-variantitemid="{409E0674-A462-451F-8628-99D5A8595BF6}">Financial Statements</a></div> </li> <li class="item5 even last"> <div class="field-link"><a data-variantfieldname="Link" href="/en/investors/credit-rating/" data-variantitemid="{BC0C3ACD-5D81-421A-84E4-6FEDC4AB02A4}">Credit Ratings</a></div> </li> </ul> </div> </div> <div class="component link-list nav-mobile col-12"> <div class="component-content"> <h3>News & Insights</h3> <ul> <li class="item0 odd first"> <div class="field-link"><a data-variantfieldname="Link" href="/en/news-and-insights/" data-variantitemid="{FAA89A34-5141-431C-96F1-D12C2F7E8A60}">News & Insights</a></div> </li> <li class="item1 even"> <div class="field-link"><a data-variantfieldname="Link" href="/en/news-and-insights/press-releases/" data-variantitemid="{4F189468-4EF9-421F-B811-68F390F1BE58}">Press Releases</a></div> </li> <li class="item2 odd"> <div class="field-link"><a data-variantfieldname="Link" href="/en/news-and-insights/newswire/" data-variantitemid="{D03033FF-DDF8-45EA-B258-C9F3BB5056FD}">Newswire</a></div> </li> <li class="item3 even"> <div class="field-link"><a data-variantfieldname="Link" href="/en/news-and-insights/global-insights/" data-variantitemid="{A2F0A92D-563D-4547-8760-98546161E848}">PIF Global Insights</a></div> </li> <li class="item4 odd"> <div class="field-link"><a data-variantfieldname="Link" href="/en/news-and-insights/in-the-media/" data-variantitemid="{97F18E13-230B-4A59-874B-AC7F9E7042C8}">In the Media</a></div> </li> <li class="item5 even last"> <div class="field-link"><a data-variantfieldname="Link" href="/en/news-and-insights/press-contacts/" data-variantitemid="{62CD71AC-E4E0-4A34-AD34-ACD9EADDB55E}">Press Contacts</a></div> </li> </ul> </div> </div> <div class="component link-list nav-mobile col-12"> <div class="component-content"> <h3>Private Sector Hub</h3> <ul> <li class="item0 odd first"> <div class="field-link"><a data-variantfieldname="Link" 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<div class="component container col-12 search-input-overlay"> <div class="component-content" > <div class="row"> <div class="component plain-html col-12"> <div class="component-content"> <button class="search-popup-close"> <span></span> </button> </div> </div> <div class="component pif-search-box main-search col-12" data-properties='{"endpoint":"/en//sxa/search/results/","suggestionEndpoint":"/en//sxa/search/suggestions/","suggestionsMode":"ShowSearchResults","resultPage":"/en/search/","targetSignature":"","v":"{E270098D-195E-4F2A-A6B3-CF7053DB0ACD}","s":"{08A65602-6503-417E-9115-0FA17103D6A1}","p":3,"l":"","languageSource":"SearchResultsLanguage","searchResultsSignature":"","itemid":"{10BC7B9E-B476-4709-BA8E-88A33B2697D5}","minSuggestionsTriggerCharacterCount":2}'> <div class="component-content"> <div class="pif-search-box-container"> <label for="piftextBoxSearch"> How can we help you? </label> <input type="text" class="pif-search-box-input" autocomplete="off" name="piftextBoxSearch" 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data-key="Vendor Gate" data-value="Vendor Gate"> <div class="field-value">Vendor Gate</div> </li> </ul> </div> </div> </div> </div> </div></div> </div> </header>   <main> <div id="content" class="container-fluid"> <div class="row"> <div class="component container col-12"> <div class="component-content" > <div class="row"> <div class="component row-splitter"> <div class=" container container-fluid"> <div > <div class="row"> <div class="row component column-splitter"> <div class="col-12"> <div class="row"> <div class="component hero-banner standard-hero-banner col-12"> <div class="component-content"> <div class="image-block"><img src="/-/media/project/pif-corporate/pif-corporate-site/private-sector-hub/our-program/our-program.jpg" alt="Our program" /></div><div class="text-block"><div class="text-block-inner"><h1 class="field-title">PIF Program 2021-2025</h1><p class="field-description">PIF Program is directly mandated to realize Vision 2030, including its second pillar "Thriving Economy"</p></div><div class="button-wrapper dark-bg"><div class="row"> <div class="component media-link file-list-files col-12 btn-white-download"> <div class="component-content"> <div class="file-description"><div><div class="field-filetypeicon"><span class="pdf"></span></div></div><div><div class="field-linktext"><a title="PIF Strategy 2021-2025" href="/-/media/project/pif-corporate/pif-corporate-site/strategy-and-impact/our-program/pdf/pif-strategy-2021-2025.pdf" download="">Download PIF Program 2021-2025</a></div></div><div class="info-wrapper"><div class="file-size"><div class="field-size"><span>17.47 MB</span></div></div></div></div> </div> </div></div></div></div> </div> </div> </div> </div> </div></div> </div> </div> <div class=" container container-fluid"> <div > <div class="row"> <div class="row component column-splitter"> <div class="col-12"> <div class="row"> <div class="component breadcrumb navigation-title col-12 bg-white" id="custom-breadcrumbs"> <div class="component-content"> <nav> <ol> <li class="breadcrumb-item home"> <div class="navigation-title field-navigationtitle"><a title="Home" href="/en/">Home</a></div> <span class="separator"></span> </li> <li class="breadcrumb-item "> <div class="navigation-title field-navigationtitle"><a title="Strategy and Impact" href="/en/strategy-and-impact/">Strategy & Impact</a></div> <span class="separator"></span> </li> <li class="breadcrumb-item last"> <div class="navigation-title field-navigationtitle"><a title="The Program" href="/en/strategy-and-impact/the-program/">Our Program</a></div> <span class="separator"></span> </li> </ol> </nav> </div> </div> </div> </div> </div></div> </div> </div> <div class=" container container-fluid"> <div > <div class="row"> <div class="component container col-12"> <div class="component-content" > <div class="row"> <div class="component row-splitter"> <div class=" container container-fluid"> <div > <div class="row"> <div class="row component column-splitter"> <div class="col-12"> <div class="row"> <div class="component video-promo col-12 mob-gap-3" id="promo-video-top"> <div class="component-content"> <div class="section-video-wrap"><div class="section-video-block"><div class="video-container" data-bs-toggle="modal" data-src="https://www.youtube.com/embed/cK87iCh6Nhc?rel=0" data-bs-target="#videoModal"> <img data-src="/-/media/project/pif-corporate/pif-corporate-site/strategy-and-impact/our-program/overview.png?h=666&iar=0&w=666" alt="Overview" width="666" height="666" class="lazy" /> <div class="video-player"> <button type="button" class="btn video-btn"> </button> <div class="buttom-text-wrapper"> <span>About the program</span> <label>4:35 min</label> </div> </div></div> <div class="modal fade" id="videoModal" tabindex="-1" role="dialog" aria-labelledby="videoModalLabel" aria-hidden="true"> <div class="modal-dialog" role="document"> <div class="modal-content"> <div class="modal-body"> <button type="button" class="btn-close" data-bs-dismiss="modal" aria-label="Close"></span> </button>  <div class="ratio ratio-16x9"> <iframe class="embed-responsive-item" src="" id="videopromoframe" allowscriptaccess="always" allow="autoplay"></iframe> </div> </div> </div> </div> </div> </div><div class="section-video-text"><h2 class="field-promotitle">Overview</h2><h4 class="field-promotext"><p>As a leading economic catalyst for Saudi Arabia, the <strong>PIF Program</strong> is epitomizing the country’s vision to diversify the economy and invest locally and internationally.</p> <p>The strategy will ensure PIF continues to establish robust economic partnerships to deepen its impact well beyond Saudi borders. The PIF Program is a roadmap for the advancement of Vision 2030, as it endeavors to develop Saudi Arabia’s wealth by contributing to non-oil GDP growth and investing in opportunities across diversified sectors.</p></h4></div></div> </div> </div> </div> </div> </div></div> </div> </div> <div class=" container container-fluid"> <div > <div class="row"> <div class="row component column-splitter"> <div class="col-12"> <div class="row"> <div class="component custom-content col-12"> <div class="component-content"> <div><div class="row"> <div class="component image file-type-icon-media-link col-12"> <div class="component-content"> <a title="PIF Program Objectives" href="#"><img data-src="/-/media/project/pif-corporate/pif-corporate-site/strategy-and-impact/our-program/objectives.png?h=512&iar=0&w=1328" alt="Objectives" width="1328" height="512" data-variantitemid="{C7D70839-5FA0-430C-8C99-A65B42CD8617}" data-variantfieldname="Image" class="lazy" /></a> </div> </div> </div></div><div><div><div class="row"> <div class="component content-block text-block one-col col-12 mob-gap-1"> <div class="component-content"> <div class="text-wrapper"><h5 class="field-title">PIF Program Objectives</h5><h3 class="field-description"><p>With a pivotal role in realizing Vision 2030, Saudi Arabia’s economic transformation program, PIF’s ambitious strategy is propelling the national economy with an impact felt well beyond Saudi borders.</p></h3></div><div class="content-wrapper"><div class="row"> <div class="component facts-figures counter-block-2-col col-12"> <div class="component-content"> <div class="row"> <div class="col-12 col-lg-6"> <span class="figure-span">01</span> <h4>Grow Assets</h4> <p>Grow the assets of PIF</p> </div> <div class="col-12 col-lg-6"> <span class="figure-span">02</span> <h4>Unlock Sectors</h4> <p>Unlock new sectors through PIF</p> </div> <div class="col-12 col-lg-6"> <span class="figure-span">03</span> <h4>Build Partnerships</h4> <p>Build strategic economic partnerships through PIF</p> </div> <div class="col-12 col-lg-6"> <span class="figure-span">04</span> <h4>Localize Knowledge</h4> <p>Localize cutting-edge technology and knowledge through PIF</p> </div> </div> </div> </div> </div></div> </div> </div> </div></div></div> </div> </div> </div> </div> </div></div> </div> </div> <div class=" container container-fluid"> <div > <div class="row"> <div class="row component column-splitter"> <div class="col-12 component-dark-bg"> <div class="row"> <div class="component facts-figures counter-block column-six col-12 justify-center"> <div class="component-content"> <div class="row"> <div class="component rich-text col-12"> <div class="component-content"> <h5>Targets and Ambitions</h5> </div> </div> </div><div class="facts-figures"> <div class="figure"> <h4>60% <span class="program-counter-desc"></span></h4> <p>Share of Local Content Including PIF and its portfolio companies</p> </div> <div class="figure"> <h4>24% <span class="program-counter-desc"></span></h4> <p>Share of Assets in International Sectors</p> </div> <div class="figure"> <h4>$320 Bn <span class="program-counter-desc"></span></h4> <p>Cumulatively Non-oil GDP Contribution</p> </div> <div class="figure"> <h4>1.8 Million <span class="program-counter-desc"></span></h4> <p>Direct and Indirect Jobs to Be Created</p> </div> <div class="figure"> <h4>21% <span class="program-counter-desc"></span></h4> <p>Share of Assets in New and Growth Sectors</p> </div> <div class="figure"> <h4>$1.7 Tn <span class="program-counter-desc"></span></h4> <p>Assets Under Management (AUM)</p> </div> </div> </div> </div> </div> </div> </div></div> </div> </div> <div class=" container container-fluid"> <div > <div class="row"> <div class="row component column-splitter"> <div class="col-12 mob-gap-2 container-title-custom-width"> <div class="row"> <div class="component rich-text col-12"> <div class="component-content"> <h2>Key Initiatives 2021 - 2025</h2> <p>PIF has launched several initiatives that are the cornerstone for realizing Vision 2030 aspirations and representing its ambitions and strategic pillars. These initiatives are:</p> </div> </div> </div> </div> <div class="col-12"> <div class="row"> <div class="component custom-content col-12 mob-gap-2"> <div class="component-content"> <div class="component page-list image-list column-three col-12" id="image-list-padding-adjustments"> <div class="component-content"> <ul class="items"> <li class="item"> <a href="/en/our-investments/our-portfolio#ourportfolio_sectors=Aerospace and Defense"><div class="item-wrapper"><div class="image-wrapper"><img data-src="/-/media/project/pif-corporate/pif-corporate-site/our-investments/landing/sectors/aerospace-and-defense.png?h=512&iar=0&w=429" alt="Aerospace and defense" width="429" height="512" title="Aerospace and defense" class="lazy" /></div><div class="content-wrapper"><h3 class="field-title">Aerospace & Defense</h3><span class="btn-primary"></span></div><div class="overlay-wrapper"><h3 class="field-title">Aerospace & Defense</h3><div class="field-overview"><h4>Grow Saudi Arabia's Aerospace & Defense sector</h4> <p>The strategic importance of the Aerospace & Defense sector showcases the need to establish domestic military industries that can accommodate growing demand and provide opportunities along the industry's value chain. </p></div></div></div></a> </li> <li class="item"> <a href="/en/our-investments/our-portfolio#ourportfolio_sectors=Automotive"><div class="item-wrapper"><div class="image-wrapper"><img data-src="/-/media/project/pif-corporate/pif-corporate-site/our-investments/landing/sectors/automotive.png?h=512&iar=0&w=429" alt="Automotive" width="429" height="512" title="Automotive" class="lazy" /></div><div class="content-wrapper"><h3 class="field-title">Automotive</h3><span class="btn-primary"></span></div><div class="overlay-wrapper"><h3 class="field-title">Automotive</h3><div class="field-overview"><h4>Develop Saudi Arabia's Automotive capabilities</h4> <p>The automotive industry's development at the regional level represents an excellent opportunity for import substitution. It will boost non-oil GDP growth and employment.</p></div></div></div></a> </li> <li class="item"> <a href="/en/our-investments/our-portfolio#ourportfolio_sectors=Construction%20and%20Building%20Components%20and%20Services"><div class="item-wrapper"><div class="image-wrapper"><img data-src="/-/media/project/pif-corporate/pif-corporate-site/our-investments/landing/sectors/construction-building.png?h=512&iar=0&w=430" alt="Construction & Building Components and Services" width="430" height="512" title="Construction & Building Components and Services" class="lazy" /></div><div class="content-wrapper"><h3 class="field-title">Construction & Building Components and Services</h3><span class="btn-primary"></span></div><div class="overlay-wrapper"><h3 class="field-title">Construction & Building Components and Services</h3><div class="field-overview"><h4>Empower Saudi Arabia as a leader in the Construction & Building Components and Services sector</h4> <p>This initiative seeks to solidify Saudi Arabia's position as a leader in the construction, building components and services sector for the real estate sector by securing the supply chain of real estate projects.</p></div></div></div></a> </li> <li class="item"> <a href="/en/our-investments/our-portfolio#ourportfolio_sectors=Consumer Goods and Retail"><div class="item-wrapper"><div class="image-wrapper"><img data-src="/-/media/project/pif-corporate/pif-corporate-site/our-investments/landing/sectors/consumer-goods-and-retail.png?h=513&iar=0&w=429" alt="Consumer Goods and Retail" width="429" height="513" class="lazy" /></div><div class="content-wrapper"><h3 class="field-title">Consumer Goods and Retail</h3><span class="btn-primary"></span></div><div class="overlay-wrapper"><h3 class="field-title">Consumer Goods and Retail</h3><div class="field-overview"><h4>Unlock the development and growth of the Consumer Goods and Retail sector</h4> <p>This initiative aims to expand the e-commerce and logistics ecosystem in the region to elevate the quality and efficiency of delivery.</p></div></div></div></a> </li> <li class="item"> <a href="/en/our-investments/our-portfolio#ourportfolio_sectors=Entertainment%2C%20Leisure%20and%20Sports"><div class="item-wrapper"><div class="image-wrapper"><img data-src="/-/media/project/pif-corporate/pif-corporate-site/our-investments/landing/sectors/entertainment-leisure-and-sports.png?h=512&iar=0&w=429" alt="Entertainment, Leisure & Sports" width="429" height="512" title="Entertainment, Leisure & Sports" class="lazy" /></div><div class="content-wrapper"><h3 class="field-title">Entertainment, Leisure & Sports</h3><span class="btn-primary"></span></div><div class="overlay-wrapper"><h3 class="field-title">Entertainment, Leisure & Sports</h3><div class="field-overview"><h4>Diversify the Entertainment, Leisure & Sports experiences in Saudi Arabia</h4> <p>This initiative strives to enhance the tourism, entertainment, and sports sectors in Saudi Arabia by creating new destinations and digitizing gaming content. This will foster a more vibrant society. </p></div></div></div></a> </li> <li class="item"> <a href="/en/our-investments/our-portfolio#ourportfolio_sectors=Financial%20Services"><div class="item-wrapper"><div class="image-wrapper"><img data-src="/-/media/project/pif-corporate/pif-corporate-site/our-investments/landing/sectors/financial-services.png?h=512&iar=0&w=429" alt="Financial Services" width="429" height="512" title="Financial Services" class="lazy" /></div><div class="content-wrapper"><h3 class="field-title">Financial Services</h3><span class="btn-primary"></span></div><div class="overlay-wrapper"><h3 class="field-title">Financial Services</h3><div class="field-overview"><h4>Support the growth of the Financial Services sector in Saudi Arabia</h4> Striving to champion the growth of leading financial services agencies, this initiative is facilitating their transition towards a cashless community, as a key enabler of Vision 2030.</div></div></div></a> </li> <li class="item"> <a href="/en/our-investments/our-portfolio#ourportfolio_sectors=Food%20and%20Agriculture"><div class="item-wrapper"><div class="image-wrapper"><img data-src="/-/media/project/pif-corporate/pif-corporate-site/our-investments/landing/sectors/food-and-agriculture.png?h=512&iar=0&w=430" alt="Food and Agriculture" width="430" height="512" title="Food and Agriculture" class="lazy" /></div><div class="content-wrapper"><h3 class="field-title">Food and Agriculture</h3><span class="btn-primary"></span></div><div class="overlay-wrapper"><h3 class="field-title">Food and Agriculture</h3><div class="field-overview"><h4>Enable the growth of Saudi Arabia's Food and Agriculture sector</h4> <p>This initiative aims to establish a sustainable domestic food production system, diversify external food supply sources, and enhance food security resilience.</p></div></div></div></a> </li> <li class="item"> <a href="/en/our-investments/our-portfolio#ourportfolio_sectors=Healthcare"><div class="item-wrapper"><div class="image-wrapper"><img data-src="/-/media/project/pif-corporate/pif-corporate-site/our-investments/landing/sectors/healthcare.png?h=512&iar=0&w=429" alt="Healthcare" width="429" height="512" title="Healthcare" class="lazy" /></div><div class="content-wrapper"><h3 class="field-title">Healthcare</h3><span class="btn-primary"></span></div><div class="overlay-wrapper"><h3 class="field-title">Healthcare</h3><div class="field-overview"><h4>Pioneer innovation in Saudi Arabia's Healthcare sector</h4> <p> PIF seeks, through this initiative, to become a vital enabler of the industry and to drive the utilization and alignment across healthcare services and products in collaboration with the private sector.</p></div></div></div></a> </li> <li class="item"> <a href="/en/our-investments/our-portfolio#ourportfolio_sectors=Metals%20and%20Mining"><div class="item-wrapper"><div class="image-wrapper"><img data-src="/-/media/project/pif-corporate/pif-corporate-site/our-investments/landing/sectors/metals-and-mining.png?h=512&iar=0&w=429" alt="Metals and Mining" width="429" height="512" title="Metals and Mining" class="lazy" /></div><div class="content-wrapper"><h3 class="field-title">Metals and Mining</h3><span class="btn-primary"></span></div><div class="overlay-wrapper"><h3 class="field-title">Metals and Mining</h3><div class="field-overview"><h4>Support the growth of the Metals and Mining sector in Saudi Arabia</h4> <p>Saudi Arabia aims to harness its rich, under-explored mineral reserves in alignment with Vision 2030's aim to position mining as a third pillar of the Saudi economy.</p></div></div></div></a> </li> <li class="item"> <a href="/en/our-investments/our-portfolio#ourportfolio_sectors=Real%20Estate"><div class="item-wrapper"><div class="image-wrapper"><img data-src="/-/media/project/pif-corporate/pif-corporate-site/our-investments/landing/sectors/real-estate.png?h=512&iar=0&w=429" alt="Real Estate" width="429" height="512" title="Real Estate" class="lazy" /></div><div class="content-wrapper"><h3 class="field-title">Real Estate</h3><span class="btn-primary"></span></div><div class="overlay-wrapper"><h3 class="field-title">Real Estate</h3><div class="field-overview"><h4>Expand the Real Estate sector in Saudi Arabia</h4> <p>Saudi Arabia is strategically growing its Real Estate sector. This initiative complements PIF's transformative giga-projects, which are reshaping both urban and economic landscapes.</p></div></div></div></a> </li> <li class="item"> <a href="/en/our-investments/our-portfolio#ourportfolio_sectors=Telecom%2C%20Media%20and%20Technology"><div class="item-wrapper"><div class="image-wrapper"><img data-src="/-/media/project/pif-corporate/pif-corporate-site/our-investments/landing/sectors/telecom-media-technology.png?h=512&iar=0&w=429" alt="Telecom, Media and Technology" width="429" height="512" title="Telecom, Media and Technology" class="lazy" /></div><div class="content-wrapper"><h3 class="field-title">Telecom, Media and Technology</h3><span class="btn-primary"></span></div><div class="overlay-wrapper"><h3 class="field-title">Telecom, Media and Technology</h3><div class="field-overview"><h4>Develop Saudi Arabia's innovation capabilities in Telecom, Media and Technology</h4> <p>This initiative intends to support Saudi Arabi's aim to become a globally competitive hub of Technology, Media, and Telecom. PIF will work closely with its portfolio companies to develop opportunities in various sectors. </p></div></div></div></a> </li> <li class="item"> <a href="/en/our-investments/our-portfolio#ourportfolio_sectors=Transport%20and%20Logistics"><div class="item-wrapper"><div class="image-wrapper"><img data-src="/-/media/project/pif-corporate/pif-corporate-site/our-investments/landing/sectors/transport-and-logistics.png?h=512&iar=0&w=429" alt="Transport and Logistics" width="429" height="512" title="Transport and Logistics" class="lazy" /></div><div class="content-wrapper"><h3 class="field-title">Transport and Logistics</h3><span class="btn-primary"></span></div><div class="overlay-wrapper"><h3 class="field-title">Transport and Logistics</h3><div class="field-overview"><h4>Promote Saudi Arabia to become a global Transport and Logistics hub</h4> <p>Cultivating connectivity in Saudi Arabia's logistics infrastructure  and its operations, this initiative aims to improve quality, services and capabilities as well as increase participation from the private sector for a more robust and dynamic logistics environment.</p></div></div></div></a> </li> <li class="item"> <a href="/en/our-investments/our-portfolio#ourportfolio_sectors=Utilities and Renewables"><div class="item-wrapper"><div class="image-wrapper"><img data-src="/-/media/project/pif-corporate/pif-corporate-site/our-investments/landing/sectors/utilities-and-renewables.png?h=512&iar=0&w=430" alt="Utilities & Renewables" width="430" height="512" title="Utilities & Renewables" class="lazy" /></div><div class="content-wrapper"><h3 class="field-title">Utilities & Renewables</h3><span class="btn-primary"></span></div><div class="overlay-wrapper"><h3 class="field-title">Utilities & Renewables</h3><div class="field-overview"><h4>Leverage Saudi Arabia's potential to grow the Utilities & Renewables sector</h4> <p>The initiative is expected to add to Saudi Arabia's domestic capacity in Utilities & Renewables and adopt clean technologies to reduce Saudi Arabia's carbon footprint while maximizing financial return and developmental impact.</p></div></div></div></a> </li> </ul> </div> </div> </div> </div> </div> </div> </div></div> </div> </div> <div class=" container container-fluid"> <div > <div class="row"></div> </div> </div> <div class=" container container-fluid"> <div > <div class="row"> <div class="row component column-splitter"> <div class="col-12"> <div class="row"> <div class="component custom-content promo-cta-container col-12"> <div class="component-content"> <div><h2>Continue Browsing</h2></div><div class="cta-block-container container container-fluid"><div class="row component column-splitter"><div class="col-12 col-lg-6"><div class="row"> <div class="component cta-blocks cta-block col-12"> <div class="component-content"> <a href="/en/our-investments/our-portfolio/"> <div class="image-wrapper"> <img 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href="/en/careers/meet-the-pif-experts/" data-variantitemid="{BB237765-B902-4D9B-BD7E-605932E9FAC2}">PIF Experts</a></div> </li> <li class="item3 even"> <div class="field-link"><a data-variantfieldname="Link" href="/en/careers/faces-of-pif/" data-variantitemid="{F470CF5D-E0ED-4C86-A295-2E9E46ED410A}">Faces of PIF</a></div> </li> </ul> </div> </div> </div> </div> <div class="col-12 col-lg-3 footer-less-margin"> <div class="row"> <div class="component link-list col-12"> <div class="component-content"> <h3>Vendor Gate</h3> <ul> <li class="item0 odd first last"> <div class="field-link"><a data-variantfieldname="Link" href="/en/vendor-gate/" data-variantitemid="{E181BAA4-CBCA-44B9-8E5B-A4AFCF2DF7EE}">Vendor Gate</a></div> </li> </ul> </div> </div> </div> </div> </div></div> </div> <div class="col-12 col-lg-4"> <div class="row"> <div class="component container col-12"> <div class="component-content" > <div class="row"> <div class="component link-list col-12" id="managers-menu"> <div 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