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Pakistan and Saudi Arabia have signed a memorandum of understanding (MoU) to work collectively within the sector of data know-how (IT).
The MoU has been signed by caretaker Federal Minister of IT and Telecom Umar Saif and Saudi Arabia’s Minister of Communications and Info Expertise Abdullah A Al-Sawahah in Riyadh.
“Pakistan has signed an MoU with the Ministry of Communication & IT in Saudia. This can facilitate Pakistani corporations to work in KSA, present skilled IT manpower to Saudi corporations, promote joint ventures with Saudi corporations and set up a startup change program with the highest Saudi tech incubators,” Umar Saif wrote on X.
He additional stated, “Strategically, we are going to work on establishing shut cooperation to arrange chip manufacturing business in Pakistan and work on electrical automobiles, lithium ion batteries, Agriculture know-how and mining applied sciences”.
The minister, together with a delegation, left for the dominion on September 30. He expressed hope that the go to would lead to investments within the nation and massive enterprise for Pakistani IT corporations in Saudi Arabia.
In the meantime, he additionally met with Digital Cooperation Group Secretary Basic Deemah AlYahya.
Saif was of the view that the DCO was uniquely positioned to assist Pakistani corporations develop their operations in a number of Gulf Cooperation Council nations.
“We will likely be working with DCO for a digital passport’ for Pakistani corporations which is able to allow them to shortly begin a enterprise in DCO member nations, beginning with Saudia,” he posted on X on Sunday.
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