Crown Prince approves PIF’s 2026-2030 strategy

The strategy builds on PIF’s long-term plan, with a focus on developing globally competitive domestic economic ecosystems, strengthening cross-sector integration, maximizing the value of strategic assets, and ensuring sustainable returns.

It also aims to advance the Kingdom’s economic transformation and enhance quality of life for citizens.

The PIF has structured its investments into three portfolios: Vision, Strategic, and Financial.

The Vision Portfolio aims to deepen integration across priority strategic sectors, maximize value across PIF portfolio companies, and sustain domestic economic growth while supporting national priorities.

It will develop six integrated economic ecosystems designed to strengthen investment synergies, boost competitiveness, and unlock broader opportunities and partnerships with the local private sector, while also attracting global investors.

The six ecosystems are tourism, travel, and entertainment; real estate and urban development; advanced industries and innovation; industry and logistics services; clean and renewable energy and water infrastructure; and NEOM.

The Strategic Portfolio will actively manage key strategic assets to maximize financial returns and the economic impact of PIF companies, while supporting their efforts to attract capital and become global champions. Through the Strategic Portfolio, PIF will also continue to invest in opportunities arising from long-term global trends.

The Financial Portfolio will focus on delivering sustainable financial returns to further strengthen PIF’s financial position and continue to grow national wealth for future generations. It will manage PIF’s direct and indirect investments in global markets to maximize returns, while building a more diversified and resilient portfolio. It will further strengthen strategic international partnerships to help attract capital and increase access to global investment opportunities.

PIF will continue to invest with agility in both local and international markets and maintain its ability to respond to emerging opportunities that benefit the local economy and impact an ever-shifting global economy. It will maintain a disciplined focus on value realization, sustainable returns, enhanced capital efficiency and the highest institutional standards, as it drives innovation and advanced utilization of data and artificial intelligence.

PIF’s 2026-2030 strategy provides a clear strategic direction for the coming decades. It also strengthens PIF’s position as a local and global investor, with a diversified and resilient portfolio that contributes to Saudi Arabia’s long-term economic prosperity. PIF’s mandate will remain the same: to drive the economic transformation of Saudi Arabia and generate sustainable financial returns.

The strategy builds on the substantial progress and achievements delivered by PIF under its previous strategies, including:

- Increasing grown assets under management from $150 billion in 2015 to more than $900 billion;

- Achieving an annualized total shareholder return of over 7% since 2017;

- Investing more than $199 billion in new projects in Saudi Arabia from 2021 to 2025;

- Contributing more than $243 billion to real non-oil GDP from 2021 to 2024, equivalent to around 10% of Saudi Arabia’s non-oil GDP in 2024;

- Spending, together with its portfolio companies, more than $157 billion with the local private sector from 2021 to 2024;

- Expanding PIF’s global presence in priority markets with subsidiary company offices in North America, Europe, and Asia to deepen PIF’s ties in international markets and continue to invest in sectors, industries, and companies shaping the future of the global economy;

- Being one of the few sovereign wealth funds with strong credit ratings from each of the world’s top three rating agencies. Moody’s rated PIF’s credit standing as “Aa3” with a stable outlook. Moreover, Fitch assigned an “A+” rating, also with a stable outlook.