PIF Governor Launches Fourth Private Sector Forum in Riyadh

Public Investment Fund (PIF) Governor Yasir Al-Rumayyan inaugurated the fourth edition of the PIF Private Sector Forum today, taking place at the King Abdulaziz International Conference Center in Riyadh from February 9 to 10.

 In his address, the PIF governor emphasized that the Kingdom is experiencing growing competitiveness, rapid development of supporting sectors and value chains, and rising ambitions, where opportunities are measured by innovation and determination.

 He affirmed PIF’s commitment to empowering the private sector to drive the Kingdom’s economic transformation, positioning it as a key partner in growth and a creator of opportunities.

 Al-Rumayyan also highlighted that PIF has offered over 190 investment opportunities worth more than SAR40 billion through its international partnerships and supply chain localization efforts, enhancing company readiness, building national competencies, and creating quality job opportunities.

 He stated that the next five years will reshape the rules of competition through major transformations in business models, AI, capital markets, content localization, and supply chains.

 The PIF Private Sector Forum has attracted over 10,000 private sector participants, with more than 100 anticipated memoranda of understanding, 18 participating government entities, over 120 companies from PIF’s portfolio, and six specialized platforms.