Saudi Arabia’s Public Investment Fund (PIF) has a strategy to grow its assets under management to $1.1tn by the end of 2025 and its portfolio includes some of the biggest projects ever seen in the region
| 10 key Public Investment Fund projects – click for details |
1. Neom
The $500bn development is Saudi Arabia’s most ambitious project
2. The Red Sea Development Company
Construction work on the Red Sea Project is advancing
3. Qiddiya Investment Company
Work on the entertainment city is due to complete in 2030
4. Amaala
The luxury Red Sea tourist resort is being developed across three integrated sites
5. KAFD Development & Management Company
New elements are planned for King Abdullah Financial District
6. Roshn
Developer is working on nine residential community schemes
7. Rua al-Madinah Holding Company
Projects planned to increase Medina’s capacity for pilgrims
8. Saudi Entertainment Venture (Seven)
Seven’s first entertainment destination launched in 2019
9. New Jeddah Downtown
Phase one is expected to be completed next year
10. Soudah Development Company
$3bn luxury tourism destination planned for southwest mountainous Asir region
This package also includes:
> Riyadh’s great transformer
> Saudi Arabia plans for debt-driven growth
> Money centre stage in Saudi Arabia’s foreign policy
> Saudi Arabia wrestles with its bottom line
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