Riyadh: The second day of the Public Investment Fund (PIF) and Private Sector Forum featured a series of panel discussions addressing the impact of investment in building long-term returns and enhancing resilience to change, the role of artificial intelligence ecosystems in raising productivity efficiency, and the contribution of local content to achieving the objectives of Saudi Vision 2030, with the participation of a select group of experts and specialists from various fields.
According to Saudi Press Agency, a session titled 'From Investment to Impact: PIF's Model for Creating Value through Integrated Ecosystems' discussed the concept of value as a comprehensive approach that goes beyond generating short-term financial returns to building sustainable long-term returns and strengthening investment resilience in the face of evolving challenges.
Another session, 'HUMAIN's Role in Building a Local Artificial Intelligence Ecosystem and Showcasing HUMAIN OS,' highlighted the importance of establishing an integrated national AI ecosystem and its role in reinventing operating models and boosting productivity by adopting execution-driven methodologies and integrating technology with business environments, enabling a shift from technical use to direct economic impact.
The session 'Local Content and Its Impact on the Private Sector' addressed the role of local content in supporting Saudi Vision 2030 objectives, strengthening the resilience of the national economy, empowering the private sector, and enhancing supply chain efficiency.
A panel titled 'Strengthening Capital Markets in the Kingdom of Saudi Arabia' underscored the pivotal role of capital markets in supporting sustainable economic growth, emphasizing the importance of developing financial markets as a fundamental pillar of the Kingdom's financing ecosystem. The discussion also highlighted priorities contributing to market strengthening, continued growth in credit demand across sectors such as housing and manufacturing, and the importance of enhancing cooperation between the banking sector and the Public Investment Fund.
Another session, 'Anchoring the Industrial Base through Supply Chain Localization,' focused on the importance of deepening industrial capabilities and localizing supply chains. It discussed the needs of various sectors-particularly petrochemicals and food industries-and the necessity of providing an enabling environment that enhances investment attractiveness and supports sectoral development in the Kingdom.
