Pakistan’s IT Minister Set For Saudi Arabia Tech Investment Talks
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“Umar Saif, the interim Minister of Information Technology, is scheduled to embark on an official visit to Saudi Arabia on Saturday. The purpose of the visit is to explore opportunities for skilled Pakistanis in Saudi Arabia’s burgeoning IT industry and to receive updates on the $100 million Saudi-Pakistan Tech House project, which was initially announced earlier this year.
The project aims to foster a strategic partnership between businesses and IT firms operating in both countries. Prince Fahad bin Mansour first introduced the cooperative technology project during the Future Fest 2023 event in Pakistan in January.
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This collaborative technology initiative aligns perfectly with Saudi Arabia’s Vision 2030, which seeks to diversify the nation’s economy, reduce its dependence on oil, and transform it into a hub for international investments.
In an interview with the international media outlet ‘Arab News’ on Wednesday, Minister Saif stated, “I am visiting the kingdom to witness the transformative changes occurring in Saudi Arabia. Thanks to the vision of Crown Prince Mohammed bin Salman, the country has rapidly evolved into a modern and forward-looking economy, transitioning away from petrodollars toward a knowledge-based economy driven by technology.”
He also emphasized the involvement of various global companies from India, Ireland, and other regions in this transformation, highlighting that Pakistan’s tech-savvy youth and IT firms also possess the potential to make significant contributions to Vision 2030.”
