Riyadh – Mubasher: The Public Investment Fund (PIF) signed a memorandum of understanding (MoU) with the Ministry of Education as part of its commitment to investing in the education sector and supporting its role in localizing knowledge, building skills, creating job opportunities, and achieving sustainable returns .

The Public Investment Fund explained in a statement that the memorandum aims to develop and support investment in the education sector, and to benefit from and utilize educational assets.

The memorandum of understanding includes several areas of cooperation, including studying potential opportunities to contribute to the development of educational infrastructure.

The Public Investment Fund affirmed its commitment to empowering the private sector's role in the sector through joint ventures, operating partnerships, and other initiatives.