Building a Mideast-Pakistan tech bridge

The Middle East, a region traditionally synonymous with oil and gas, is experiencing a quiet revolution. For decades, the rentier state model – where oil revenues funded social programmes and fostered stability – defined the economic structure of many Middle Eastern countries. However, concerns about peak oil production, price volatility and the global push for diversification have prompted a strategic shift. Governments across the region are actively fostering the development of a robust tech sector, recognising its potential to drive economic growth and reduce dependence on hydrocarbons. One key driver of this growth is government investment into initiatives such as Dubai’s Silicon Oasis Authority and Saudi Arabia’s NEOM megacity project that offer startups tax breaks, subsidised office space, and access to state-of-the-art infrastructure. These projects create an environment conducive to innovation and attract promising entrepreneurs.

Collaboration between the Middle East and Pakistan offers a win-win scenario for both regions. The Middle East faces a shortage of skilled tech talent, while Pakistan boasts a young population with strong technical skills. Formalised programmes for Pakistani workers and joint training initiatives can bridge this gap. Furthermore, established Middle Eastern hubs and Pakistan’s burgeoning startup scene can create a dynamic synergy. Collaboration fosters cross-pollination of ideas, with joint R&D efforts tackling regional challenges like water scarcity. By making the right (smart) investments in digital infrastructure, Pakistan can become a vital gateway connecting the Middle East to South and Central Asia, facilitating trade and data flow. While challenges like streamlined visas, standardised regulations and intellectual property concerns need to be addressed, the potential benefits outweigh them. Fostering a collaborative environment that leverages the strengths of both regions can create a dynamic tech ecosystem, transforming economic landscapes and setting a precedent for successful cooperation in the digital age.

Published in The Express Tribune, March 30^th, 2024.