Saudi Arabia’s Public Investment Fund to Host Third Private Sector Forum
JEDDAH: Get ready for the third edition of Saudi Arabia’s highly anticipated Private Sector Forum, hosted by the country’s sovereign wealth fund, the Public Investment Fund. This event is a crucial platform for fostering corporate sector engagement with the Kingdom’s economic transformation.
Specialized Workshops and Valuable Insights
Set to take place on Feb. 12-13 at the King Abdul Aziz International Conference Center, this two-day event will offer a series of specialized workshops led by experts from PIF and its portfolio companies. These workshops aim to provide the private sector with valuable insights into localization investments and supply chain opportunities, equipping businesses with the information needed to make informed investment decisions.
Advancing Saudi Arabia’s Vision 2030
The forum will play a central role in advancing Saudi Arabia’s Vision 2030, emphasizing partnerships between the public, private, and nonprofit sectors, as well as with international collaborators, in driving the Kingdom’s long-term aspirations. Saudi Arabia is focused on increasing local production, supporting innovation, and creating a business-friendly environment to encourage both domestic and foreign investment.
Driving Economic Development Through Collaboration
During the forum, PIF will announce key initiatives and programs reflecting its commitment to deepening collaboration with the private sector. These partnerships will showcase tangible progress in driving economic development through corporate collaboration, with representatives from over 90 PIF portfolio companies presenting new projects and partnership opportunities for private sector stakeholders.
Platform for Thought Leaders and Success Stories
The forum will also serve as a platform for thought leaders to discuss the critical role of the private sector in Saudi Arabia’s ongoing development. Success stories of corporate collaborations with PIF will be shared, highlighting new opportunities for the private sector in emerging industries and megaprojects.
Supporting Economic Growth and Overcoming Challenges
Saudi Arabia has implemented economic reforms to improve the quality, efficiency, and digitalization of services, supporting the private sector. Various programs, initiatives, funds, incubators, and accelerators have been launched to help the private sector overcome challenges, positioning it as the primary engine of the Kingdom’s economic growth.
On its official website, PIF showcases success stories of its strategic partnerships with both local and global companies, spanning sectors from manufacturing and energy to sustainable development.