Prince Fahad bin Mansour of Saudi Arabia stated on Sunday that his software company, ILSA Interactive, wants to work on 300 projects in Pakistan, Saudi Arabia, and other nations over the next five years, with a total project value of $100 million.
ILSA Interactive, which has headquarters in Riyadh and Lahore, was founded in 2009 by Pakistani businessman Salman Nasir and is now co-founded by Prince Fahad. The prince made his comments during the Future Fest 2023 closing ceremony, which was held last week and was the largest tech conference in Pakistan.
Leading businesspeople, startups, policymakers, and investors from several nations participated in Future Fest 2023.
A delegation of Saudi business leaders also attended the event and took part in keynote addresses, roundtable conferences, and discussions on wide-ranging topics from the future business landscape to startups and their success.
On the eve of the conference last week, Prince Fahad also disclosed plans to establish a Saudi-Pakistan Tech House “to encourage better ease of doing business” between the two nations. He had stated that The Tech House’s main office will be in Riyadh and that its first branch would be in Lahore.
“For the next five years, we are looking forward to creating more than 1,000 jobs in Pakistan, Saudi Arabia, and globally,” Prince Fahad said. “We are expecting to have more than 300 projects, with a minimum total project value of $100 million,” he added.
According to Prince Fahad’s company’s “ambitious, strategic goals,” it intends to collaborate with Pakistan’s IT firms, universities, and businesses.
He praised Saudi Arabia’s Crown Prince Mohammed bin Salman for his “Vision 2030” initiative and noted that the project is currently being implemented in the public sector’s operational structure, the economy, and society at large.
Prince Fahad continued, “HRH Crown Prince’s vision opened Saudi Arabia to the outside world, established and launched platforms for future growth, and greatly enhanced the quality of life for inhabitants.
