‎PIF invests SAR 750B in new local projects in 2021-2025

‎<p><img src="https://argaamplus.s3.amazonaws.com/79b3de26-2d64-425e-95ba-258eab57d801.png" ></p> <p class="ckeCaption" >Logo of Public Investment Fund (PIF)</p> <hr> <p >The Public Investment Fund (<a href="https://www.argaam.com/en/tadawul/tasi/pif" target="_blank">PIF</a>) stated that its cumulative domestic investment in new local projects exceeded SAR 750 billion during 2021-2025.</p> <p ></p> <p >In its 2025 annual report, the fund said its contribution to Saudi Arabia’s non-oil gross domestic product (GDP) amounted to SAR 1.286 trillion during 2021-2025, with its contribution accounting for 11% of non-oil GDP in 2025.</p> <p ></p> <p >The fund added that spending by PIF and its portfolio companies with the local private sector exceeded SAR 590 billion. The following table highlights the achievements and impact of the fund’s Vision Realization Program (VRP):</p> <p ></p> <table border="1" cellpadding="0" cellspacing="0" width="100%"> <tbody> <tr > <td colspan="2" > <p ><strong><span >PIF’s VRP Achievements Impact </span></strong></p> </td> </tr> <tr > <td > <p ><strong><span >Item</span></strong></p> </td> <td > <p align="center" ><strong><span >Details</span></strong></p> </td> </tr> <tr > <td > <p ><strong><span >Contribution to non-oil GDP (2021-2025) (SAR bln)</span></strong></p> </td> <td > <p align="center" ><span >1,286</span></p> </td> </tr> <tr > <td > <p ><strong><span >Domestic investment in new local projects (SAR bln)</span></strong></p> </td> <td > <p align="center" ><span >+750</span></p> </td> </tr> <tr > <td > <p ><strong><span >Spending with local private sector (SAR bln)</span></strong></p> </td> <td > <p align="center" ><span >+590</span></p> </td> </tr> <tr > <td > <p ><strong><span >Local content share*</span></strong></p> </td> <td > <p align="center" ><span >57%</span></p> </td> </tr> </tbody> </table> <p ><em class="ckeCaption">*2024</em></p> <p ></p> <p >The fund added that its assets under management (AUMs), which stood at SAR 3.40 trillion, were affected by prevailing market conditions, changes in asset valuations, and the timing of certain transactions during the reporting period. Although it did not meet its target of reaching SAR 4 trillion in AUMs, the fund achieved or exceeded its other strategic targets for 2025.</p> <p ></p> <p >It noted that AUM performance was affected by short-term market factors, including global economic volatility and the impact of US tariffs on asset valuations in domestic and international markets.</p> <p ></p> <p >New domestic investments reached SAR 171.1 billion, exceeding the 2025 target, which set a minimum annual investment threshold of SAR 150 billion.</p> <p></p> <table border="1" cellpadding="0" cellspacing="0" width="100%"> <tbody> <tr > <td colspan="3" > <p ><strong><span >Performance vs. 2025 Strategic Target</span></strong></p> </td> </tr> <tr > <td > <p ><strong><span >Item </span></strong></p> </td> <td > <p align="center" ><strong><span >Actual</span></strong></p> </td> <td > <p align="center" ><strong><span >Target</span></strong></p> </td> </tr> <tr > <td > <p ><strong><span >AUMs (SAR tln)</span></strong></p> </td> <td > <p align="center" ><span >3.40*</span></p> </td> <td > <p align="center" ><span >4.00</span></p> </td> </tr> <tr > <td > <p ><strong><span >New domestic investments (SAR bln)</span></strong></p> </td> <td > <p align="center" ><span >171.1</span></p> </td> <td > <p align="center" ><span >150**</span></p> </td> </tr> <tr > <td > <p ><strong><span >Share of assets in new sectors (%)</span></strong></p> </td> <td > <p align="center" ><span >~45%</span></p> </td> <td > <p align="center" ><span >&lt;21%</span></p> </td> </tr> <tr > <td > <p ><strong><span >Share of assets in international sectors (%)</span></strong></p> </td> <td > <p align="center" ><span >~20%</span></p> </td> <td > <p align="center" ><span >&gt;24%</span></p> </td> </tr> </tbody> </table> <p ><em class="ckeCaption">*Affected by prevailing market conditions, changes in asset valuations, and the timing of certain transactions during the reporting period.</em></p> <p ><em class="ckeCaption">**Annual minimum.</em></p>

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Argaam - Main News · Trade Publication

Published

17th August 2026

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argaam.com

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