Vietnam’s FPT bets big on Gulf digitization with exclusive FutureTEC tech pact

FPT Corporation, a global technology and IT services provider headquartered in Vietnam, has signed an exclusive strategic partnership with FutureTEC, a regional IT solutions provider operating across Kuwait, Bahrain, and Jordan. The alliance aims to deliver integrated, AI-powered digital transformation services across critical sectors including government, oil and gas, banking and financial services, healthcare, and aviation.

The partnership, announced from Hanoi, grants FutureTEC exclusive representation of FPT Corporation’s services in the region across six core domains: Data and Artificial Intelligence, Cloud and Platforms, No/Low-Code Platforms, Hyperautomation, Digital Customer Experience, and Strategy Consulting. In return, FPT Corporation will provide global delivery and technical execution support for FutureTEC’s enterprise and government engagements.

This collaboration reinforces FPT Corporation’s growing commitment to the Gulf region, following the establishment of its first Middle East office in 2020 and its recent achievement of a Regional Headquarters license in Saudi Arabia. With this license, FPT Corporation became the first Vietnamese enterprise to be formally authorized to operate regional headquarters in the kingdom, opening doors to larger digital infrastructure projects across the Gulf Cooperation Council states.

Why is FPT betting on the Gulf region for its AI-first strategy?

The exclusive tie-up with FutureTEC supports FPT Corporation’s ongoing shift to an AI-first service model, which it is now embedding across its global solution architecture. According to FPT Software Senior Executive Vice President Phuong Dang, who also heads the Americas business unit of FPT Corporation, the company’s AI-led innovation model is in strategic alignment with the digital transformation goals of Gulf economies.

The Middle East has emerged as a key region for high-value digital infrastructure investments, driven by national visions that emphasize smart cities, AI regulation, and economic diversification. Kuwait, Bahrain, and Jordan are all accelerating digital mandates across public services and critical industries. FPT Corporation’s ability to deliver scalable, AI-powered technology platforms positions it as a valuable transformation partner for these markets.

With more than USD 2.47 billion in global revenue in 2024 and a 54,000-strong workforce, FPT Corporation brings execution scale, automation expertise, and verticalized digital accelerators that can be quickly adapted for Gulf public and private sector use cases. Analysts expect the FutureTEC alliance to further consolidate FPT Corporation’s presence across the region, especially given the high demand for AI-enhanced public services and cloud-native enterprise platforms.

How does FutureTEC benefit from this alliance with FPT Corporation?

Founded in 2005, FutureTEC has been a key IT systems integrator and cybersecurity solutions provider across Kuwait, Bahrain, and Jordan for nearly two decades. Its longstanding relationships with government entities and large enterprises give it deep local insight into regional procurement models, compliance regimes, and digital priorities.

By joining forces with FPT Corporation, FutureTEC gains access to a wider range of globally proven delivery frameworks, AI-driven software solutions, and technical personnel capable of handling large-scale transformations. FutureTEC Chief Executive Officer Feras Al-Oqlah stated that the collaboration marks a significant inflection point in the company’s growth journey. He noted that the combined capabilities will enable both firms to deliver next-generation digital platforms that unlock operational resilience and sustainable transformation outcomes.

This includes offerings in cybersecurity, cloud infrastructure, and AI solutions tailored for regulated environments such as banking and healthcare. FutureTEC’s strong positioning within local digital infrastructure procurement cycles could provide FPT Corporation with faster routes to market across the three countries initially covered by the agreement.

What sectors are expected to benefit from the FPT–FutureTEC collaboration?

The partnership’s six-domain focus positions it to serve key transformation sectors across Kuwait, Bahrain, and Jordan. These include digital public service modernization in government, core banking upgrades in financial services, infrastructure automation in oil and gas, and patient experience transformation in healthcare.

In the banking and financial services sector, the focus on low-code platforms and hyperautomation supports ongoing efforts by Gulf banks to streamline compliance, improve onboarding, and expand digital payment systems. In government, there is growing appetite for AI-infused citizen services, particularly in public health, transportation, and regulatory service delivery.

Analysts tracking technology procurement trends in the Gulf region suggest that regional governments are increasingly favoring multi-domain partners that can de-risk project delivery through integrated cloud, automation, and AI stacks. The FPT–FutureTEC partnership directly responds to this trend, offering bundled solutions with localized service support and international delivery assurance.

How does this partnership affect FPT Corporation’s regional and global strategy?

FPT Corporation is actively expanding its international footprint to reduce dependency on mature Western markets and tap into emerging regional innovation ecosystems. The Middle East, with its aggressive digital agendas and government-backed tech spending, has become a focal point for the Vietnamese technology giant.

By selecting FutureTEC as its exclusive partner in the region, FPT Corporation is laying the groundwork for deep-rooted engagement in long-cycle digital transformation programs. It also demonstrates FPT Corporation’s commitment to localizing its service model and delivery architecture to better align with the expectations of Gulf stakeholders.

In addition to securing the Saudi Arabian Regional Headquarters license, FPT Corporation has signaled its intent to expand its presence into adjacent Gulf Cooperation Council countries. The FutureTEC alliance may serve as a strategic blueprint for similar partnerships in other key markets such as the United Arab Emirates, Qatar, and Oman.

What does this mean for regional AI adoption and sovereign digital ecosystems?

The strategic alliance between FPT Corporation and FutureTEC is emblematic of a broader movement toward sovereign AI ecosystems in the Gulf region. As national governments in the Middle East seek to regulate and deploy AI technologies within their borders, they are increasingly looking for partners that can provide both innovation and compliance at scale.

FPT Corporation’s AI-first transformation stack, which includes data infrastructure, predictive analytics, machine learning accelerators, and digital experience platforms, offers a modular way to operationalize AI in sensitive environments. This is especially relevant in Gulf countries where regulatory frameworks for data privacy, AI ethics, and cybersecurity are rapidly evolving.

FutureTEC’s deep relationships with regional regulators and standards bodies could further support the deployment of compliant AI systems that meet national digital trust requirements. Together, the two firms are positioned to help build AI-ready infrastructures that support smart governance, economic development, and regional technology independence.

What are the most important takeaways from the FPT Corporation–FutureTEC partnership?

• FPT Corporation has entered an exclusive partnership with FutureTEC to deliver AI-first digital transformation services across Kuwait, Bahrain, and Jordan.

• The agreement designates FutureTEC as the exclusive regional partner for six core technology domains, including data and artificial intelligence, cloud platforms, no/low-code applications, hyperautomation, digital customer experience, and strategy consulting.

• FPT Corporation will provide global delivery and innovation capabilities, supporting FutureTEC’s client engagements in key sectors such as government, oil and gas, banking and financial services, aviation, and healthcare.

• The partnership builds on FPT Corporation’s expanding footprint in the Middle East, following the company’s establishment of a regional headquarters in Saudi Arabia.

• FutureTEC brings nearly two decades of regional systems integration and cybersecurity expertise, positioning the alliance to win large-scale digital transformation mandates across the Gulf.

• Analysts see this alliance as a sign of growing demand in the region for AI-powered platforms that align with local regulatory and operational requirements.

• The deal reflects broader digital agendas in the Gulf Cooperation Council, with governments increasingly seeking integrated technology partners for sovereign AI adoption and smart infrastructure initiatives.

• The collaboration is expected to accelerate deployment of AI-driven public services, digital banking modernization, and cloud-native infrastructure across regulated industries.

• The alliance positions FPT Corporation for deeper market penetration beyond Saudi Arabia, with eyes on expanding across other Gulf states through similar partnership models.

• Both firms are aligning their strategies to serve national development goals and support long-term, sustainable digital transformation in the region.