‎PIF investments in Japan total $11.5B through 2024: Al-Rumayyan

‎PIF investments in Japan total $11.5B through 2024: Al-Rumayyan ‎PIF investments in Japan total $11.5B through 2024: Al-Rumayyan

​‎

Yasir Al-Rumayyan, Governor of PIF

The Public Investment Fund (PIF) started investing in Japan in 2017, with total investments reaching around $11.5B by 2024, PIF Governor Yasir Al-Rumayyan said at the FII Priority Asia Summit held in Tokyo.

Advertisement

Rumayyan expects PIF investments in Japan to rise to approximately $27B by the end of 2030.

He noted that the fund’s investments coincided with Japan’s shift from a savings-based economy to an investment-based economy.

On a separate note, he said that thanks to energy resources, land availability, and the government’s drive to lead the future of the artificial intelligence industry, Saudi Arabia is well positioned to become a global hub for AI.

 

Yasir Al-Rumayyan, Governor of PIF

The Public Investment Fund (PIF) started investing in Japan in 2017, with total investments reaching around $11.5B by 2024, PIF Governor Yasir Al-Rumayyan said at the FII Priority Asia Summit held in Tokyo.

Rumayyan expects PIF investments in Japan to rise to approximately $27B by the end of 2030.

He noted that the fund’s investments coincided with Japan’s shift from a savings-based economy to an investment-based economy.

On a separate note, he said that thanks to energy resources, land availability, and the government’s drive to lead the future of the artificial intelligence industry, Saudi Arabia is well positioned to become a global hub for AI.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement