News Desk
ISLAMABAD: Saudi-Pakistani collaboration led by ILSA Interactive announced plans to work with various partners in Pakistan in the next five years, with $100 million projects expected to create more than 1,000 jobs.
Saudi Arabia’s Prince Fahad bin Mansour, co-founder of the software development company, ILSA Interactive, announced the upcoming plans at a closing ceremony of Pakistan’s largest tech conference, Future Fest 2023, held in Lahore on Sunday.
Prince Fahad also announced a plan to set up a “Saudi-Pakistan Tech House” during the three-day expo in Lahore aimed at promoting “greater ease of doing business” between the two friendly countries.
Plan of 1000 jobs
“For the next five years, we looking forward to creating more than 1,000 jobs in Pakistan, Saudi Arabia, and globally,” Prince Fahad said. “We expect to have more than 300 projects, with a minimum total project value of $100 million.”
“We have ambitious and strategic plans for our company in which we plan to forge partnerships with IT companies, universities, or big enterprises in Pakistan and elsewhere,” he said.
ILSA Interactive, which has offices in Riyadh and Lahore, was established in 2009 by Pakistani entrepreneur Salman Nasir. Prince Fahad’s Tech House initiative plans on establishing headquarters in the Saudi capital, followed by a branch in Pakistan’s second-most populous city.
Prince Fahad said that the company seeks “to provide a platform for greater collaboration” between Saudi Arabia and Pakistan, sectors across the Kingdom boost the efforts to meet goals outlined under Vision 2030 established by Crown Prince Mohammed bin Salman.
He said that “The vision of (the crown prince) opened Saudi Arabia to the world, built or launched platforms for future growth,”.
