Today, dr. Alaa Youssef, the Ambassador of the Arab Republic of Egypt to Paris. The meeting highlighted the investment opportunities in the Egyptian ICT sector, the strategies launched to develop this sector, and the efforts made to provide facilities and incentives to foreign companies wishing to invest, with a focus on outsourcing of services.
The virtual session was organized by the Egyptian Commercial and Economic Office in Paris, in coordination with the French Employers ‘Council “MEDEF”, and moderated by Philippe Gauthier, President of the French Employers’ Council “MEDEF”.
Ing. Amr Mahfouz, CEO of the Information Technology Industry Development Agency (ITIDA), Eng. Ahmed El Harrani, Director-General of Operations for the Middle East and Turkey for the French Atos Company, and ing. Tamer Ali, director of Value Technical Center in Egypt, where the two companies represent successful models for French companies that have invested in the Egyptian ICT sector.
Dr. During the meeting, Amr Talaat emphasized that the Egyptian state has a strategic plan to promote all sectors, emphasizing the important role of the communications and information technology sector in implementing Egypt’s digital strategy, which aims to create a digital build society through technology adapted to improve government performance and provide digital services to citizens, in addition to refining young people’s skills and improving their competitive capabilities to meet the demands of the local and global labor market, and note that the sector has grown the highest among the state’s sectors over the past four years, noting that the President of the Republic recently saw the opening of more than 20 projects in Egypt’s digital projects.
Dr. Amr Talaat indicated that the Ministry of Communications and Information Technology is redeveloping the Egyptian government software through the Ahmose project, with a budget of more than £ 2 billion, expressing its aspiration for Egyptian-French cooperation in the implementation of this project, and explains that there are many French companies operating in The field of outsourcing that have success stories in Egypt by taking advantage of young Egyptian cadres who possess linguistic and digital skills.
Dr. Amr Talaat added that the ministry has doubled the training budget 22 times in 3 years, as it aims to train 225 000 young people with investments of £ 1.3 billion during the current financial year, and explains that the ministry founded Informatics University in the Knowledge City in the New Administrative Capital and is the first specialized university in communication and information technology and related fields in the African continent, referring to the ministry’s efforts to the entrepreneurship system and emerging companies in Egypt and Africa to support, where 8 Egypt Digital Creativity Centers are located in the governorates and work is underway to establish 19 centers to reach 30 digital innovation centers distributed throughout the Republic.
Dr. Amr Talaat explained the efforts made to develop the communications infrastructure, as investments were pumped around £ 60 billion to implement the first phase of the project to increase the efficiency of the internet, while investments in the second phase of the £ 40 billion project, and work is currently underway to implement a project to connect more than 3.5 million homes within the towns of the Good Life initiative, is linked to a high-speed fiber optic cable network provide internet services, with investments of £ 40 billion.
In turn, Alaa Youssef, Egypt’s Ambassador to Paris, emphasized the strength and solidity of relations between Egypt and France, as the current period sees a development in joint relations between the two countries in the field of communication and information technology, and demonstrated the importance of establishing strategic partnerships to foster these relationships and achieve a high value return.
During the session, Eng Amr Mahfouz reviewed the axes of Egypt’s digital outsourcing strategy (2022-2026), which provides a package of investment incentives for international and local companies to ensure the competitiveness of the total cost of outsourcing in Egypt, through the study global market requirements, as the strategy aims to double the volume of exports of Three times more cross-border information technology products and services, and a new incentive package to attract more investment, in addition to improving Egypt’s competitiveness on the field of research and development and the provision of value-added services, which contribute to accelerating the growth of the knowledge economy.
Philippe Gauthier, Head of the French Employers’ Council, MEDEF, explained that MEDEF has been working for 32 years and working with Egypt through the Egyptian Embassy in Paris, noting that MEDEF includes 15 companies working in the field of digital services, and emphasizes that Egypt’s digital strategy The outsourcing industry offers great opportunities for joint cooperation.
Eng. Ahmed Al-Harani, general manager of operations for the Middle East and Turkey for the French company Atos, explained the company’s interest in investing in Egypt and being present as a result of the talks that took place during the minister’s meeting with MEDEF in France in 2020, where the company intends to expand the volume of its business and increase the number of young cadres working in the company in Egypt, which will reach up to about 400 professionals.
Engineer Tamer Ali, director of the Valeo Technical Center in Egypt, pointed out that the company has been working in the field of car programming in Egypt for 17 years, as the company’s research center in Egypt has achieved worldwide successes, leading to a larger application. of international companies that manufacture cars to carry out their work at the Valeo headquarters in Egypt.
During the meeting, officials from the two companies praised the efforts of the Ministry of Communications and Information Technology to establish the data center and cloud computing industry and develop the communications infrastructure.