KEY INITIATIVES 2021 - 2025
AEROSPACE & DEFENSE
“Grow Saudi Arabia’s Aerospace & Defense sector.
The strategic importance of the aerospace & defense sector showcases the need to establish a domestic military that can accommodate the growing demand and provide opportunities along the industry’s value chain.”
CONSUMER GOODS AND RETAIL
“Unlock the development and growth of the Consumer and Retail sector.
This initiative aims to expand the e-commerce and logistics ecosystem in the region to elevate the quality and efficiency of delivery.”
FOOD AND AGRICULTURE
“Enable the growth of Saudi Arabia’s Food and Agriculture sector.
This initiative aims to establish a sustainable domestic food production system, diversify the external food supply sources, and enhance food security resilience.”
TELECOM, MEDIA, AND TECHNOLOGY
“Develop Saudi Arabia’s innovation capabilities in Telecom, Media and Technology.”
This initiative intends to support Saudi Arabia’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.
AUTOMOTIVE
“Develop Saudi Arabia’s Automotive Capabilities.
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.”
ENTERTAINMENT, LEISURE & SPORTS
“Diversify the Entertainment, Leisure & Sports experiences in Saudi Arabia.
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.”
HEALTHCARE
“Pioneer innovation in Saudi Arabia’s healthcare sector.
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.”
TRANSPORT AND LOGISTICS
“Promote Saudi Arabia to become a global Transport and Logistics hub.”
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.
CONSTRUCTION & BUILDING COMPONENTS AND SERVICES
“Empower Saudi Arabia as a leader in the Construction & Building Components and Services Sector.
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.”
FINANCIAL SERVICES
“Support the growth of the Financial Services sector in Saudi Arabia.
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.”
METALS AND MINING
“Support the growth of the Metals and Mining sector in Saudi Arabia.
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.”