Title: Public Investment Fund of Saudi Arabia
Headings: Public Investment Fund of Saudi Arabia
Public Investment Fund of Saudi Arabia
What Is the Public Investment Fund of Saudi Arabia?
Key Takeaways
Understanding the Public Investment Fund of Saudi Arabia
The PIF and Other Sovereign Wealth Funds

Content: Public Investment Fund of Saudi Arabia
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Public Investment Fund of Saudi Arabia
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James Chen, CMT, is the former director of investing and trading content at Investopedia. He is an expert trader, investment adviser, and global market strategist. Learn about our editorial policies
James Chen
Updated Mar 1, 2021
What Is the Public Investment Fund of Saudi Arabia? The Public Investment Fund (PIF) of Saudi Arabia was established in 1971, and is that nation's sovereign wealth fund. It provides financing for productive commercial projects that are strategically significant to the development of the Saudi Arabian economy. The fund complements private sector efforts with additional experience and capital resources. Key Takeaways
The ​Public Investment Fund (PIF) of Saudi Arabia is one of the largest sovereign wealth funds in the world. Established in 1971 by Royal Decree, the PIF has financed many key Saudi projects and companies and provided financial support to projects of strategic importance to the national economy. As of 2020, the fund holds more than $360 billion in domestic and international investments. 1
Understanding the Public Investment Fund of Saudi Arabia
The Public Investment Fund has supported numerous projects in important sectors of the Saudi Arabian economy, including petroleum refineries, petrochemical industries, pipelines and storage, transportation, energy, minerals, water desalination, and infrastructural facilities.