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PIF’s MUSAHAMA program is driving local content development to diversify the Saudi economy through a stronger private sector. Fahad Alsalem, Head of Local Content Growth Department in the National Development Division, explains how local goods and services deliver a keen competitive edge.

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Public Investment Fund

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434,374 görüntüleme • 10 ay önce •via X (Twitter)

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From food to data centers, homegrown goods and services took center stage at the PIF Private Sector Forum. Themed zones highlighted how PIF and its portfolio companies are enabling the private sector, and that means more Saudi local content and jobs. Watch the Day 2 recap from the PIF News Network.
4:08

From food to data centers, homegrown goods and services took center stage at the PIF Private Sector Forum. Themed zones highlighted how PIF and its portfolio companies are enabling the private sector, and that means more Saudi local content and jobs. Watch the Day 2 recap from the PIF News Network.

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With over 150 assets across all 13 Saudi provinces, PIF’s Local Real Estate Investment Division is integrating housing, tourism and infrastructure into a single, cohesive narrative of national progress. That’s The PIF Effect.
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With over 150 assets across all 13 Saudi provinces, PIF’s Local Real Estate Investment Division is integrating housing, tourism and infrastructure into a single, cohesive narrative of national progress. That’s The PIF Effect.

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Our iktva program aims to contribute to fostering growth and enhancing competitiveness in the Kingdom’s industrial sector by strategically increasing local content and supporting economic diversification @iktvaaramco #aramco
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Our iktva program aims to contribute to fostering growth and enhancing competitiveness in the Kingdom’s industrial sector by strategically increasing local content and supporting economic diversification @iktvaaramco #aramco

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Jerry Todd, Head of the National Development Division at #PIF, speaks about PIF’s role in supporting companies across its 13 priority sectors and developing the private sector’s participation and capabilities. #PIF_PrivateSectorForum #PIFGlobalinsights
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Jerry Todd, Head of the National Development Division at #PIF, speaks about PIF’s role in supporting companies across its 13 priority sectors and developing the private sector’s participation and capabilities. #PIF_PrivateSectorForum #PIFGlobalinsights

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In 2016, our initiative to support coffee cultivation and production was launched as part of the micro-industry projects in Jazan, strengthening local production and building a foundation for growth Discover how the Saudi Coffee Development Center is advancing coffee production and continuing its journey today with the Saudi Coffee Company
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In 2016, our initiative to support coffee cultivation and production was launched as part of the micro-industry projects in Jazan, strengthening local production and building a foundation for growth Discover how the Saudi Coffee Development Center is advancing coffee production and continuing its journey today with the Saudi Coffee Company

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⚽️The development of the new Hill Dickinson Stadium is projected to bring up to 15,000 jobs for local people and contribute upwards of £1.3bn in to the local economy. 🏗️ Steve spoke to Channel 4 News about the benefits of this regeneration for people in the Liverpool City Region.
2:58

⚽️The development of the new Hill Dickinson Stadium is projected to bring up to 15,000 jobs for local people and contribute upwards of £1.3bn in to the local economy. 🏗️ Steve spoke to Channel 4 News about the benefits of this regeneration for people in the Liverpool City Region.

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While In Tblisi Georgia, a source working in local government explained how young students are paid through local "filters" to attend protests. They receive around $20 to turn up. And produce "banners" the content of which is co ordinated. The cash originates from US NGO's
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While In Tblisi Georgia, a source working in local government explained how young students are paid through local "filters" to attend protests. They receive around $20 to turn up. And produce "banners" the content of which is co ordinated. The cash originates from US NGO's

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During the visit of the Senate Committee on Industry, led by Chairman Sen. Francis Adenigba Fadahunsi, to our state-of-the-art facilities, we reaffirmed our commitment to driving Nigeria's industrial growth. The delegation, which included leadership from the National Automotive Design & Development Council (NADDC), toured our Innoson Vehicle Manufacturing Plant, Tyre Manufacturing Plant, Plastic Manufacturing Plant, and Footwear Manufacturing Plant. We pledge to continue partnering with government agencies to boost local production and support sustainable development. We also urge continued support from the Presidency and Ministry of Finance for Nigerian industries to ensure a thriving local economy. #IVM #InnosonGroup #MadeInNigeria #SupportLocalIndustry
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During the visit of the Senate Committee on Industry, led by Chairman Sen. Francis Adenigba Fadahunsi, to our state-of-the-art facilities, we reaffirmed our commitment to driving Nigeria's industrial growth. The delegation, which included leadership from the National Automotive Design & Development Council (NADDC), toured our Innoson Vehicle Manufacturing Plant, Tyre Manufacturing Plant, Plastic Manufacturing Plant, and Footwear Manufacturing Plant. We pledge to continue partnering with government agencies to boost local production and support sustainable development. We also urge continued support from the Presidency and Ministry of Finance for Nigerian industries to ensure a thriving local economy. #IVM #InnosonGroup #MadeInNigeria #SupportLocalIndustry

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The U.S. is PIF’s largest investment partner outside Saudi Arabia. Since 2017, PIF has invested approximately $170B, including $58B in procurement in the U.S., through PIF and its portfolio companies, contributing to the creation of more than 172,000 jobs and driving sustainable growth across the U.S. economy.
1:51

The U.S. is PIF’s largest investment partner outside Saudi Arabia. Since 2017, PIF has invested approximately $170B, including $58B in procurement in the U.S., through PIF and its portfolio companies, contributing to the creation of more than 172,000 jobs and driving sustainable growth across the U.S. economy.

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Northern Coalfields Limited (NCL), stands as a shining example of how India’s public sector enterprises are powering not only the nation’s energy security, but also social development and public welfare. With over 30,000 workers driving India’s energy aspirations, continues to play a vital role in strengthening healthcare access and social welfare in the Singrauli region. NCL’s healthcare network includes: •⁠ ⁠3 hospitals and 10 dispensaries providing free healthcare facilities for workers and their families, while also serving local communities •⁠ ⁠Nehru Shatabdi Chikitsalay (NSC), Jayant, among the largest and most advanced hospitals within a 200-km radius in the region •⁠ ⁠24x7 emergency and critical care facilities •⁠ ⁠Affordable healthcare services for local residents •⁠ ⁠Free essential medical services for marginalized communities through CSR initiatives •⁠ ⁠Ayushman Bharat healthcare services NCL’s efforts reflect the broader vision of inclusive development alongside national progress and energy security. Northern Coalfields Limited
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Northern Coalfields Limited (NCL), stands as a shining example of how India’s public sector enterprises are powering not only the nation’s energy security, but also social development and public welfare. With over 30,000 workers driving India’s energy aspirations, continues to play a vital role in strengthening healthcare access and social welfare in the Singrauli region. NCL’s healthcare network includes: •⁠ ⁠3 hospitals and 10 dispensaries providing free healthcare facilities for workers and their families, while also serving local communities •⁠ ⁠Nehru Shatabdi Chikitsalay (NSC), Jayant, among the largest and most advanced hospitals within a 200-km radius in the region •⁠ ⁠24x7 emergency and critical care facilities •⁠ ⁠Affordable healthcare services for local residents •⁠ ⁠Free essential medical services for marginalized communities through CSR initiatives •⁠ ⁠Ayushman Bharat healthcare services NCL’s efforts reflect the broader vision of inclusive development alongside national progress and energy security. Northern Coalfields Limited

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Jamaica is embracing growth and progress by officially designating Portmore as its 15th parish. This decision reflects our dedication to shaping a stronger Jamaica where local communities play a vital role in their own development. we are #BuildingJamaicaStronger.

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***BREAKING*** Our WNC Rapid Deployment Team is on the scene of a wildfire in Black Mountain. The local fire department is in command, UCN is offering a support role including drone services. Listen to local authorities for updates! 🫡💪 #CajunNavy

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The #Guangdong government will deliver a work report to outline plans for economic and social development in 2024. Recently, a number of local expats shared with GDToday about their resolutions and plans in 2024. Click on the video to find out more!
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The #Guangdong government will deliver a work report to outline plans for economic and social development in 2024. Recently, a number of local expats shared with GDToday about their resolutions and plans in 2024. Click on the video to find out more!

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Government intends to restrict the importation of US$4.5bn worth of goods through a proposed local content Act. Keeping in mind most imports occur using free funds- own USD and not through RBZ ZiG. What problem are they trying to solve for? And will it work?
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Government intends to restrict the importation of US$4.5bn worth of goods through a proposed local content Act. Keeping in mind most imports occur using free funds- own USD and not through RBZ ZiG. What problem are they trying to solve for? And will it work?

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In the Nairyah 2 1890 MW IPP Project in Saudi Arabia, HEI actively fulfills its social responsibility by installing solar-powered streetlights, planting drought-resistant greenery, improving road signage, building communication infrastructure, and collaborating with local universities to cultivate energy talent. Through practical actions, HEI continues to support local development.
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In the Nairyah 2 1890 MW IPP Project in Saudi Arabia, HEI actively fulfills its social responsibility by installing solar-powered streetlights, planting drought-resistant greenery, improving road signage, building communication infrastructure, and collaborating with local universities to cultivate energy talent. Through practical actions, HEI continues to support local development.

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This is a clip from a tourism documentary in Ireland by Callum A local from Belfast explains some of the local history. Link to full documentary below.
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This is a clip from a tourism documentary in Ireland by Callum A local from Belfast explains some of the local history. Link to full documentary below.

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Vision is realized through execution. As Nasser AlShawaf, CEO of Investment and Services at AlBawani Holding, emphasizes, the pivotal role the private sector is playing in driving economic growth and translating national ambition into reality. His perspective reflects how partnership, scale, and efficient delivery underpins the Kingdom’s transformation. Albawani | البواني #RFF2026 #منتدى_مستقبل_العقار
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Vision is realized through execution. As Nasser AlShawaf, CEO of Investment and Services at AlBawani Holding, emphasizes, the pivotal role the private sector is playing in driving economic growth and translating national ambition into reality. His perspective reflects how partnership, scale, and efficient delivery underpins the Kingdom’s transformation. Albawani | البواني #RFF2026 #منتدى_مستقبل_العقار

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The newly restored National Palace is set to play a pivotal role in advancing Ethiopia’s tourism sector plan, which prioritizes cultural heritage as a driver of economic growth. Building on the success of Unity Park and the growing demand for urban attractions, the National Palace will attract both domestic and international tourists, and expected to boost revenues for local businesses and jobs creation across the tourism value chain. Historical and cultural landmarks like the National Palace play a vital role in spurring urban development and enhancing Ethiopia’s global image. #PMOEthiopia
7:06

The newly restored National Palace is set to play a pivotal role in advancing Ethiopia’s tourism sector plan, which prioritizes cultural heritage as a driver of economic growth. Building on the success of Unity Park and the growing demand for urban attractions, the National Palace will attract both domestic and international tourists, and expected to boost revenues for local businesses and jobs creation across the tourism value chain. Historical and cultural landmarks like the National Palace play a vital role in spurring urban development and enhancing Ethiopia’s global image. #PMOEthiopia

Office of the Prime Minister - Ethiopia

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