Login
Back to Home

12 Feb 2025

PIF forum in Riyadh to drive private sector growth with new partnerships, investments

RIYADH: Saudi Arabia’s Public Investment Fund is set to unveil new private sector partnerships and investment initiatives at its annual Private Sector Forum, scheduled for Feb. 12-13 in Riyadh.  

The event, which will bring together more than 90 PIF-backed companies, seeks to strengthen supply chains, boost local manufacturing, and accelerate economic diversification under Vision 2030.

 
Now in its third year, the forum will spotlight business opportunities with the sovereign wealth fund and its portfolio companies, identify potential prospects for investors and suppliers, and expand avenues for collaboration. It will also serve as a bridge between PIF, its portfolio companies, and the private sector, reinforcing localization efforts. 

The event aligns with Saudi Arabia’s push to boost private sector participation in its economic diversification efforts, with the wealth fund playing a key role in this transformation. 

Established in 1971, the fund manages assets estimated at $930 billion and is central to Saudi Arabia’s strategy to reduce reliance on oil, with investments spanning technology, tourism, and infrastructure both locally and globally. 

The forum provides a platform for engagement, emphasizing partnership opportunities between PIF, its portfolio companies, and the local private sector.  

It also offers networking opportunities and direct access to supplier registration with portfolio firms. Additionally, participants can learn about PIF programs designed to support the private sector.