LAHORE: Saudi Arabia’s Prince Fahad bin Mansour Alsaud has announced the establishment of the Saudi-Pakistan Tech House in Lahore, with its headquarters in Riyadh.
The Tech House aims to facilitate business between the two countries and forge partnerships with IT companies, universities, and large enterprises in Pakistan.
The Prince also announced over 300 projects worth a total of $100 million, creating more than 1,000 jobs in Pakistan, Saudi Arabia, and globally.
These projects are part of Saudi Arabia’s Vision 2030 roadmap, which aims to boost the technology sector and develop smart cities like NEOM.
Prince Fahad praised the talented resources in Pakistan, particularly in the technical, user experience, and quality assurance fields.
Additionally, he announced that a delegation of Saudi startups and venture capitalists will be meeting with Pakistani companies at the Future Fest conference to explore investment opportunities, partnerships, acquisitions, and talent recruitment.
It is important to note that the announcement is seen as a significant milestone in the strategic relationship between Saudi Arabia and Pakistan.
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