The Board of Directors of the Public Investment Fund (PIF), chaired by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, has approved the Fund’s 2026–2030 strategy, marking the next phase of its long-term development journey.
The new strategy continues PIF’s role in driving Saudi Arabia’s economic transformation, with a focus on maximizing financial returns, enhancing investment efficiency, and increasing private sector participation. It aims to build competitive domestic ecosystems, unlock the potential of strategic assets, and further support improvements in quality of life in line with Saudi Vision 2030.
This phase reflects PIF’s transition from rapid expansion to sustained value creation, with greater emphasis on governance, transparency, institutional excellence, and disciplined capital deployment. It also reinforces the role of the private sector as a key partner in sustainable economic development.
Under the 2026–2030 framework, PIF will organize its investments into three main portfolios:
The Vision Portfolio will drive integration across strategic sectors and support the development of six key domestic ecosystems: Tourism, Travel & Entertainment; Urban Development & Livability; Advanced Manufacturing & Innovation; Industrials & Logistics; Clean Energy, Water & Renewable Infrastructure; and NEOM. It will aim to maximize value creation, strengthen linkages across sectors, and open opportunities for private sector participation and global partnerships.
The Strategic Portfolio will focus on managing key national assets to enhance financial returns and economic impact, while supporting portfolio companies in attracting capital and becoming globally competitive leaders. It will also invest in opportunities aligned with long-term global trends.
The Financial Portfolio will manage global investments to deliver sustainable returns, strengthen national wealth, and build a diversified and resilient investment base. It will also deepen international partnerships and expand access to global markets.
PIF Governor Yasir Al-Rumayyan said the strategy builds on strong progress achieved in recent years, highlighting rapid growth in assets under management, major domestic investments, and expanded global partnerships. He noted that PIF has played a key role in launching giga-projects, investing in emerging sectors such as artificial intelligence, gaming, esports, and renewable energy, and supporting non-oil GDP growth.
He added that the new strategy will create further opportunities for partners to invest in high-quality assets and ecosystems, while reinforcing PIF’s position as a leading global investor aligned with Saudi Arabia’s long-term transformation goals.
PIF stated that it will continue to invest flexibly across local and international markets, while maintaining a strong focus on capital efficiency, sustainable returns, innovation, and advanced use of data and artificial intelligence.
The strategy builds on significant achievements under the previous phase, including the growth of assets under management from $150 billion in 2015 to more than $900 billion, substantial contributions to non-oil GDP, major domestic investment activity, and expansion into key global markets across North America, Europe, and Asia.
