Pakistan proves to be a Tech-hub in the region in LEAP 2024

21 March 2024

Published in: Daily Patriot

The Kingdom of Saudi Arabia and Pakistan’s cooperation in the field of information technology and telecommunications, as well as Pakistan’s significant participation in LEAP 2024, further solidified bilateral relations between the two countries.

Collaborations like these are crucial to innovation, economic growth, and Pakistan’s role as a worldwide center of technology and innovation as the digital landscape develops.

With amazing success , Ejad Labs wrapped off the 11th Global Pakistan Tech Summit in Riyadh, Saudi Arabia, achieving a new milestone in its endeavor to promote Pakistan internationally. Held in Huna Takhassusi, the gathering of visionaries, industry experts, and respected IT executives promoted thought-provoking conversations and cooperative efforts.

From March 4–7, nearly 1,800 exhibitors, 1,000 tech specialists, and 600 startups participated in the event. Major corporations and tech groups from the Gulf region flocked to the Pakistani pavilion, which was opened on March 4 by Ahmed Farooq, Pakistan’s ambassador to Saudi Arabia.

This indicates a strong corporate presence of Pakistanis in the KSA market. These businesses are demonstrating solutions in a variety of fields, including open source, e-commerce, data services, blockchain, AI, IoT, cyber security, cloud solutions, health tech, and fintech. The G20 Young Entrepreneurs’ Alliance President, Prince Fahad bin Mansour bin Nasser bin Abdul-Aziz Al Saud of the Kingdom of Saudi Arabia, praised the historic presence of Pakistani leaders in Riyadh for LEAP 2024 and emphasized the significance of the opportunities in KSA for Pakistani companies.

According to the chairman of the Pakistan Software Houses Association, Pakistani companies had the “largest-ever presence” of any South Asian nation in this sector, with over 70 enterprises and 800 delegates showcasing their products. Launched by the Prince in Islamabad last year,

the Saudi-Pakistan Tech House initiative established 300 digital and technology initiatives worth $100 million, creating new jobs in the fields of IT and digital technologies. The Prince has consistently advocated for increased technological cooperation between Pakistan and Saudi Arabia. He has collaborated with a Pakistani technological company in recent years, providing direct exposure to the remarkable potential of the nation.

Pakistan is a desirable tech destination because to its position as the second-largest supplier of online labor for software development and the fourth-largest English-speaking country in the world. Pakistan is the best option for creating a digital corridor that connects Middle Eastern, African, and Asian nations because of its advantageous location as a gateway to Central Asia.