Economic Growth
What is common prosperity and how is China's philanthrophic sector advancing it?
China is fostering economic and social change through the concept of common prosperity. Its philanthropic sector is helping to advance this endeavour.
- Headquarters
- Saudi Arabia
Public Investment Fund
Public Investment Fund is a sovereign wealth fund of the Government of Saudi Arabia. It seeks to invest through equity, loans or guarantees and through the allocation of public funds to specific projects. The firm provides medium and long-term loans to large-scale government and private industrial projects. It invests in telecoms, aerospace, energy, green technologies and security, with a particular focus on housing finance, renewable energy and information technology. The firm invests in and finances projects in Saudi Arabia. Public Investment Fund was founded in 1971 and is based in Riyadh, Saudi Arabia.
