PIF says Saudi economy undergoing fundamental changes

The Saudi economy is undergoing radical changes and comprehensive development, the Public Investment Fund (PIF) said on its official Twitter account.

It further added that the 3 gigaprojects, including NEOM, Qiddiya, and Red Sea, symbolize the holistic shift taking place.

“Each project will become a focal point for investment and serve to support future growth and sustainability of the Saudi economy,” PIF stated.

The Saudi economy is being transformed from the top down, as per the ambitious targets set forth by #SaudiVision2030. #PIF’s three giga-projects symbolise the holistic shift taking place. Each will become a focal point for investment in the region & serve to support future growth pic.twitter.com/rQFNav9jHg

— Public Investment Fund (@PIF_en) May 4, 2020