Yasir Al-Rumayyan, governor of the Public Investment Fund (PIF) and Saudi Aramco’s chairman, said that the Kingdom has a political will to enhance its investment environment for both local and foreign investors.
The balance of domestic and international investment approaches is one of PIF’s pillars to maximize its assets and achieve the goals of Vision 2030, he said today during the Saudi-Russian Chief Executives Forum in Riyadh.
Saudi Arabia is among the current top investors in Russia with $2.5 billion worth of investments in the Russian economy, Al-Rumayyan said.
PIF committed in 2016 to invest around $10 billion with the Russian Direct Investment Fund (RDIF), he added.
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