Al-Rumayyan: We aim to increase the PIF assets to $3 trillion

Yasser Al-Rumayyan, Governor of the Public Investment Fund, said that the Kingdom aims to increase the assets of the PIF to about $3 trillion by 2030, indicating that our $800 billion investments in Saudi Arabia are mostly in new projects.

Al-Rumayyan added, in his speech during the activities of the Priority Summit of the Future Investment Initiative Foundation (FII) in Rio de Janeiro, that the Public Investment Fund has huge investments in renewable energy through ACWA Power.

Al-Rumayyan pointed out that Brazil is an ideal place to discuss the Public Investment Fund’s investments in entertainment, especially football.