Public Investment Fund Saudi Arabia Aum
22 on 18 04 1430 h 14 04 2009 as a saudi joint stock company owned by the public investment fund and its statute stipulated that its activity in the field of agricultural investment and livestock production in countries with comparative advantages to contribute to the provision of food commodities.
Public investment fund saudi arabia aum. Saudi arabia s public investment fund pif the kingdom s sovereign wealth fund will increase assets under management to 400 billion by 2020 as it vies to enter new industries leverage advancements in technology seek out strategic partnerships and maximise its asset base. Current assets for pif is 390 000 000 000 and swfi has 27 periods of historical assets 8 subsidiaries 92 transactions 11 opportunities rfps 127 personal contacts available for csv export. To be a global investment powerhouse and the worl d s most impactful investor enabling the creation of new sectors and opportunities that will shape the future global economy while driving the economic transformation of saudi arabia. The public investment fund pif of saudi arabia was established in 1971.
Moreover the program establishes strong economic. Public investment fund saudi arabia. The public investment fund pif is the sovereign wealth fund of saudi arabia it is among the largest sovereign wealth funds in the world with total estimated assets of 382 billion. It provides financing support to productive commercial projects that while being.
The public investment fund is seeking to become a leading global impactful investor in line with the objective of vision 2030 and to drive the economic transformation of saudi arabia through active long term investments and maintaining high standards of governance and transparency. It also develops high focus strategic sectors by growing and maximizing the impact of the fund s investments making it the largest sovereign wealth fund in the world. Public investment fund of saudi arabia pif is a sovereign wealth fund located in riyadh saudi arabia middle east and was founded in 1971. Salic saudi agricultural and livestock investment company was founded by royal decree no.