Saudi Arabia Has Announced The Formation Of The Saudi-Pakistan Tech House


HRH Prince Fahad bin Mansour Alsaud, in a virtual presentation to Future Fest stakeholders, revealed plans to build a special Saudi – Pakistan Tech House to facilitate easier trade between the two countries in advance of Future Fest, which will take place in Lahore from January 6-8, 2023. It’s true that HRH Prince Fahad bin Mansour Alsaud helped start the massively successful IT company ILSA Interactive alongside the Pakistani businessman Salman Nasir back in 2009. It is an outstanding example of the high quality of work that can be produced when experts from Pakistan and Saudi Arabia work together on a digital project.

Thus, HRH Prince Fahad bin Mansour Alsaud announced an additional 300+ projects for the company with a total project value of $100,000,000, resulting in the creation of over a thousand new positions in Pakistan, Saudi Arabia, and elsewhere.

“I’m very thrilled to be a part of such a prominent meeting of Pakistan’s IT industry thought leaders at Future Fest 2023, the country’s biggest tech conference and exhibition. Five years ago, I set out for Pakistan with the intention of starting an IT business in Lahore.

I’d want to add that my experiences working with Pakistani resources have been fantastic, from the Technical Resources to the User Experience and Quality Assurance resources.”

He said, “I am glad a delegation of Saudi entrepreneurs & venture capitalists will get an opportunity to meet Pakistani firms and key players at Future Fest 2023 to discuss investments, collaborations, acquisitions, and talent recruitment.”

During his speech, Prince Fahad bin Mansour Alsaud praised King Salman, Custodian of the Two Holy Mosques, for his role in implementing the Kingdom’s Vision 2030 plan, which has resulted in the development of important new smart cities such as NEOM. He emphasised how ILSA Interactive’s efforts to form collaborations with IT businesses, universities, and large organisations in Pakistan reflected the commitment of both Pakistani and Saudi officials to further expand an existing strategic connection in many domains.

Prince Fahad bin Mansour Alsaud, who announced the formation of the Saudi-Pakistan Tech House, said that its headquarters will be in Riyadh and its first branch would be in Lahore.


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