The next phase of the PIF strategy establishes a roadmap through 2030, as the fund continues to spearhead the economic transformation of Saudi Arabia.
This strategy prioritizes maximizing financial returns, bolstering investment efficiency, and expanding the participation of the private sector.
Investments will be organized into three distinct portfolios: the Vision Portfolio, the Strategic Portfolio, and the Financial Portfolio.
The Vision Portfolio is designed to catalyze the development of six ecosystems within the local economy.
The Board of Directors of PIF, chaired by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister and Chairman of the Board of Directors of PIF, has approved PIF’s 2026-2030 strategy, which is a continuation of PIF’s long-term strategy. The strategy will focus on delivering competitive domestic ecosystems to connect sectors, unlock the full potential to scale globally, and forming global economic partnerships, building on what has been achieved under PIF’s 2021-2025 strategy.
“The 2026-2030 strategy is a natural next step in PIF’s growth journey. It offers our partners more opportunities to invest in high-quality assets and ecosystems, alongside PIF. In the next five years, we will continue to build on our great achievements and strengthen our global leadership to deliver success for PIF and Saudi Arabia.”
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 unique 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:
Grown assets under management from $150 billion in 2015 to more than $900 billion
Achieved an annualized total shareholder return of over 7% since 2017
Invested more than $199 billion in new projects in Saudi Arabia from 2021 to 2025
Contributed more than $243 billion to real non-oil GDP from 2021 to 2024, equivalent to around 10% of Saudi Arabia’s total non-oil GDP in 2024
Spent together with its portfolio companies more than $157 billion with the local private sector from 2021 to 2024
Expanded 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
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 Aa3 with a stable outlook, while Fitch rated PIF A+, also with a stable outlook
