Here’s a rundown of PIF’s strategic sectors

Logo of Public Investment Fund (PIF)

The Public Investment Fund (PIF) aims to actively invest over the long term to maximize sustainable returns, be the investment partner of choice for global opportunities, and enable the economic development and diversification of the Saudi economy.

The Kingdom’s sovereign wealth fund focuses on 13 strategic sectors, according to the 2021 annual report.

Telecommunication, Media and Technology came on top with 25.6% investments. Real estate and financial services followed, accounting for 23.5% and 23%, respectively of the fund’s investments.

PIF’s Strategic Sectors
Sector	Investment Percentage
Telecommunication, Media and Technology	26.5%
Real Estate	23.5%
Financial Services	23.0%
Utilities and Renewables	12.4%
Metals and Mining	7.5%
Food and Agriculture	2.6%
Entertainment, Leisure and Sports	1.6%
Transport and Logistics	1.4%
Construction, Building Components and Services	0.8%
Healthcare	0.6%
Consumer Goods and Retail	0.3%
Aerospace and Defense	0.3%
Automotive	0.2%

The number of employees stood at 1,457, of whom Saudis accounted for 83%, by the end of 2021.

The fund introduced 77,700 direct and indirect jobs last year.

PIF Investments

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