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Success Stories

Celebrating the impactful collaborations with the Private Sector. Discover inspiring stories of companies that have thrived and achieved remarkable success with strategic partnerships with PIF and its portfolio companies. These success stories highlight the transformative power of collaboration, innovation, and shared goals.

  • MZN Image

    MZN tapped into PIF's hospitality, tourism initiatives to broaden the reach of their “Made-in-Saudi” products

    MZN Bodycare, a Saudi Arabian natural body care products brand, scaled their business with support from Public Investment Fund (PIF). Collaboration with PIF's Local Content Growth Program, MUSAHAMA, helped MZN Bodycare enhance the visibility of its unique "Made-in-Saudi" products and contribute to the local economy.

  • Al Babtian Image

    Al-Babtain's leap into renewable energy: creating global impact and business expansion by partnering with PIF’s ACWA Power

    Al-Babtain, a renowned local steel manufacturer, embarked on a transformative journey in partnership with ACWA Power, a Portfolio Company of the Public Investment Fund (PIF). This collaboration aimed to build solar trackers for Saudi Arabia's first utility-scale solar project, Sakaka.

  • Alturki banner

    Alturki Holding’s pioneering role in Saudi’s infrastructure transformation by unlocking growth via PIF programs​

    Alturki Holding, with over four decades of commitment to Saudi Arabia's development, has witnessed exponential growth and diversification, leveraging Public Investment Fund (PIF) programs for the private sector. Key collaborations, such as the one with Nesma & Partners, have not only enhanced Saudi's construction ecosystem but also positioned Alturki Holding on a trajectory towards international expansion.

  • Tamimi Image

    TAFGA and PIF’s Red Sea Global strike a partnership to champion

    In a landmark partnership, Tamimi Global Co. Ltd. (TAFGA), a renowned private sector Saudi Arabian company, joined forces with Red Sea Global (RSG), a Portfolio Company of the Public Investment Fund (PIF), for the development of the AMAALA Construction Village.

  • Hitachi Energy

    Hitachi Energy’s partnership with PIF’s Saudi Electricity Company (SEC) is pioneering Gas Insulated Switchgear (GIS) manufacturing to elevate Saudi Arabia’s energy infrastructure

    Hitachi Energy, a globally acclaimed company, specializes in innovative and sustainable solutions across the utility, industry, and infrastructure sectors, emphasizing digital transformation and a carbon-neutral energy future.

  • Saudi Power Transformer Company

    Saudi Power Transformer Company (SPTC)’s alliance with PIF’s Saudi Electricity Company (SEC) is revolutionizing High-Voltage Transformer Production in the GCC

    The Saudi Power Transformer Company (SPTC) is a premier GCC power transformer manufacturer; they were established in 2010 as a Joint venture between Saudi Transformers Co. Ltd. and CG Power Systems-Belgium.