Menu Close

PIF Governor says finding appropriate system, cooperating with gov’t agencies contribute to profitable investments

view original post

Yasir Al Rumayyan, Governor of the Public Investment Fund (PIF)

The Public Investment Fund (PIF) plays a pivotal role in accelerating the national economic development, Yasir Al Rumayyan, PIF’s Governor told the PRIORITY summit held in New York.

He added that finding an appropriate system and cooperating with government agencies contribute to profitable investments.

The fund set up 56 companies, which offered nearly 500,000 job opportunities, Al Rumayyan said, adding that PIF plans to offer 1.8 million direct and indirect jobs through its investments.

The PIF, in line with Vision 2030 and as per its strategy, plays a role in finding solutions for several basic issues, including climate change, sustainability, food security and support for social and economic development, the governor concluded.