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NDF Governor: Private Capital Key to Vision 2030, Economic Growth

National Development Fund (NDF) Governor Dr. Stephen Groff highlighted the pivotal role of private capital in accelerating the realization of Saudi Vision 2030 and driving economic growth.

Speaking at a panel discussion during the fourth Public Investment Fund (PIF) Private Sector Forum, Dr. Groff noted that the NDF oversees an integrated system spanning 12 sectors, with a strong focus on banking, aimed at stimulating development investments and supporting projects across diverse areas of the economy.

He pointed to rising investor interest in several high-potential sectors, including infrastructure, industry, financial services and fintech, renewable energy, clean hydrogen, mining, as well as transportation and logistics.

Dr. Groff concluded that investment opportunities in the Kingdom are set to expand further, supported by ongoing economic transformation and deeper collaboration with the private sector—reinforcing sustainable development and the goals of Vision 2030.

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