According to Saudi Arabia’s Prince Fahad bin Mansour, ILSA Interactive, a software company, plans to work on 300 projects worth a combined $100 million over the next five years in Pakistan, Saudi Arabia, and other countries.
Prince Fahad is now a co-founder of ILSA Interactive, which was started in 2009 by Pakistani businessman Salman Nasir and has offices in Riyadh and Lahore. The prince spoke at the Future Fest 2023 closing ceremony, Pakistan’s biggest tech conference, which took place last week.
Future Fest 2023 featured prominent entrepreneurs, start-ups, policymakers, and investors from various countries. A delegation of Saudi businessmen also participated as the event’s keynote speaker.
In addition, Prince Fahad announced plans to create a Saudi-Pakistan Tech House “to encourage better ease of doing business” between the two countries on the eve of the conference last week. He had said that Riyadh would serve as The Tech House’s headquarters and Lahore would serve as the city’s first branch.
The “ambitious, strategic goals” of Prince Fahad’s company state that it plans to work with Pakistani IT companies, academic institutions, and businesses.
He lauded Saudi Arabia’s Crown Prince Mohammed bin Salman for his “Vision 2030” project and pointed out that the initiative is currently being implemented in the economy, society at large, and the operational structure of the public sector.