ISLAMABAD: Prince Fahad bin Mansour Al-IT Saud’s company in Saudi Arabia has announced it will launch a Saudi-Pakistan Tech House project in Islamabad on Monday. The Saudi-Pakistan Tech House aims to collaborate with South Asian information technology (IT) businesses.
The project was first introduced by the Saudi prince in January during Future Fest 2023, Pakistan’s biggest digital festival. To “promote increased ease of doing business” between the two nations, the tech company.
Pakistani businessman Salman Nasir founded ILSA Interactive in 2009 with headquarters in Riyadh and Lahore, and now Prince Fahad is a co-founder. The company reflects the intention of Saudi and Pakistani leaders to further develop their existing strategic partnership in all spheres.
According to a statement from the company, HRH Prince Fahad bin Mansour Al-Saud is in Pakistan to inaugurate the Saudi-Pakistan Tech House, which aims to improve technical cooperation between the two nations.
“He has strategic intentions to establish alliances with IT firms, academic institutions, and major businesses in Pakistan.”
The Saudi tech company has announced that the launching event will take place in Islamabad on Monday, March 6.
Prince Fahad announced his business’s plans to create more than 1,000 employment in Pakistan, Saudi Arabia, and other nations during the Future Fest 2023 closing ceremony in January. He also said 300 projects totaling $100 million would be undertaken by the company.
Leading businesspeople, startups, policymakers, and investors from several nations participated in Future Fest 2023.
However, A delegation of Saudi businessmen participated in roundtable conferences, keynote speeches, and debates on a variety of issues, including the future of business and the success of startups.