Minister of Communications: Meets members of the American Chamber of Commerce in Cairo
Egypt’s digital strategy aims to enhance the contribution of the communications and information technology sector to the gross domestic product, attract foreign investments, and integrate technology into various sectors of the country
– More than 45% of data traffic between Asia and Europe passes through Egypt through cable Bahri and 5 new submarine cables are being established
– 4.9 billion dollars, the volume of digital exports and agreements with 24 a global company that adds export revenues worth one billion dollars annually by 2023 and provides 24 a thousand job opportunities to serve global markets through A center for exporting information technology services
– Dr. Amr Talaat discusses with the US Deputy Secretary of Commerce the promotion of cooperation between Egypt and the United States in the areas of digital transformation, building digital capabilities and data centers
Cairo in 19 May 2023
Dr. Amr Talaat, Minister of Communications and Information Technology confirmed The Digital Egypt strategy implemented by the Ministry of Communications and Information Technology aims to achieve a number of objectives, namely enhancing the contribution of the communications and information technology sector to the gross domestic product, attracting foreign investments to the sector, in addition to integrating technology in various sectors of the country, and supporting Egypt’s capabilities in the field of international connectivity. This came in a speech delivered by Dr. Amr Talaat during the meeting organized by the American Chamber of Commerce in Cairo. In the presence of Dr. Mahmoud Esmat, Minister of Public Business Sector, Ms. Marissa Lago, Deputy Secretary of US Commerce, Mr. John Desrocher, Acting Ambassador of the United States of America in Cairo, Eng. Tarek Tawfik, President of the American Chamber of Commerce in Cairo, Ambassador Hazem Fahmy, Assistant Minister of Foreign Affairs, and a number Among the leaders of the Ministry of Communications and Information Technology and its affiliated bodies, and a number of heads and representatives of international companies operating in the fields of communications and information technology. And cross-border, which resulted in an increase in the volume of digital exports to reach 4.9 billion dollars, and the signing of agreements with 24 a global company that adds export revenues worth one billion dollars annually by 2025 and provides 24 a thousand job opportunities for young people to serve global markets through 45 a center for exporting information technology services ; Referring to the investment incentives provided to international companies specialized in the field of cross-border services to encourage them to create new export-oriented job opportunities, in addition to providing training support incentives; He added that capacity-building programs are being implemented in the field of electronic design, which will contribute to increasing the number of specialists in this field by 45% by the end of 2023, which will contribute to attracting more One of the centers of electronic design and export maximization in this field.
Dr. Amr Talaat indicated that the communications and information technology sector achieved a growth rate of 14.3%; Explaining the reform measures that have been taken to create a supportive environment for business development in the communications and information technology sector, which include the issuance of the Information Technology Crimes Law and the Personal Data Protection Law.
Fixed to become the first in Africa in the average fixed internet speed this year, with an average speed of 45 Mbps, compared to the fortieth place at the beginning of 45, according to the company global okla; Noting that more than 45% of data traffic between Asia and Europe passes through Egypt through A submarine cable, and 5 new submarine cables are currently being constructed.
Dr. Amr Talaat emphasized the keenness of the Ministry of Communications and Information Technology to support technological innovation through the implementation of a project to spread Egypt’s digital innovation centers throughout the Republic; Alluding to hosting 24 an electronic design company in the Innovation Center in Knowledge City in the New Administrative Capital.
Following his speech; Dr. Amr Talaat conducted an open dialogue with members of the American Chamber of Commerce in Cairo. Where Dr. Amr Talaat indicated that work is underway to issue the data classification law and the “computer cloud first policy”; Explaining that community discussions and dialogues will be held with companies and civil society organizations to ensure reaching a formula that achieves the public interest.
In a related context; Dr. Amr Talaat met with Mrs. Marissa Lago, US Deputy Secretary of Commerce, to discuss ways to enhance cooperation between Egypt and the United States in a number of fields. Most notably: digital transformation, digital capacity building, data centers, outsourcing, and postal services.
The two sides discussed exchanging experiences in the fields of the fourth generation of Industry 4.0, and organizational aspects related to modern technologies, and opportunities to attract small companies were also discussed. And the American medium for investment in Egypt, in addition to discussing strengthening technical and scientific cooperation with American research and development centers in artificial intelligence projects.