Egypt’s Minister of Communications and Information Technology, Amr Talaat, highlighted the country’s digital strategy during a meeting organized by the American Chamber of Commerce in Cairo. The strategy aims to boost the contribution of the communications and information technology sector to Egypt’s gross domestic product, attract foreign investments and enhance international connectivity capabilities.
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Talaat emphasized the ministry’s efforts to position Egypt as a leading destination for cross-border information technology services. These efforts have resulted in a significant increase in digital exports, reaching $4.9 billion. The ministry has also signed agreements with 29 international companies, which are expected to generate $1 billion in export revenues annually by 2025 and create 34,000 job opportunities for young people. To support these endeavors, the ministry has established 35 centers for exporting IT services and provided investment incentives and training support to international companies.
Furthermore, capacity-building programs in electronic design are being implemented to increase the number of specialists in this field by 65% by the end of 2023. This will help attract more electronic design centers and further maximize exports in this sector.