Saudi Arabia’s huge sovereign wealth fund focuses on ‘competitive domestic’ projects

Neil Gerrard Senior Editor, Construction Briefing

17 April 2026

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF) has unveiled a new five-year strategy for 2026-2030 that focuses on “competitive domestic ecosystems”.

It pitched the approach as a “continuation of PIF’s long-term strategy” although it comes at a time when some of the Kingdom’s most ambitious construction projects have either been resequenced or scaled back.

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