Saudi Arabia announces to establish technology house in Pakistan

• He announced to create a further 300+ projects
• Tech House would be headquartered in Riyadh
• Its first branch would open in Lahore

During the Future Fest, Pakistan’s largest tech conference and expo, Saudi Arabia has announced to establish a technology house in Pakistan.

The announcement was made on the eve of Future Fest from Prince Fahad bin Mansour Alsaud, on the establishment of a dedicated Saudi – Pakistan Tech House. He announced to create a further 300+ projects for his company Isla Interactive with 100 million project value, creating more than a 1000+ jobs in Pakistan, Saudi Arabia and globally.

The Saudi-Pakistan Tech House would be headquartered in Riyadh and its first branch would open in Lahore.

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Fahad bin Mansour Alsaud said the purpose behind establishing the tech house was to create opportunities for the people associated with the IT sector and promote it. He admitted that Pakistan had enormous talent in the IT as well as other sectors. “There are experts of technical resources, quality insurance and customer service,” he said. The prince said the tech house would create opportunities for people of both the countries to excel in the IT sector.

The second day of Pakistan’s largest tech conference and expo, Future Fest witnessed over 10’000 attendees, 70 exhibitors, and 60 speakers including powerful keynote from Special Assistant to the Prime Minister on Youth Affairs, Shaza Fatima Khawaja on the need for engaging Pakistan’s vibrant youth across the various facets of technology for a prosperous and brighter future.

The second day of Future Fest also witnessed the signing of an important MoU, under which Tracking.me, a company that sells Saudi Arabia made hardware and software, is acquiring Telematics Private Limited, a local distributor in Pakistan known for selling Saudi made tracing devices.