PIF signs MoU with Education Ministry to boost educational services

The Public Investment Fund (PIF) signed a memorandum of understanding (MoU) with the Ministry of Education to boost educational services.

In a statement, the fund said the MoU aims to foster and support investment in the education sector, leveraging educational assets.

The MoU includes several areas of cooperation, such as studying potential opportunities to contribute to the development of educational infrastructure.

The PIF emphasized its commitment to enabling the private sector's role in this field through joint ventures, operational partnerships, and other initiatives.

This MoU aligns with the fund’s dedication to investing in the education sector and supporting its role in localizing knowledge, building skills, creating job opportunities, and achieving sustainable returns.