Friday 04 Apr

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180 companies export digital services from Egypt


180 companies export digital services from Egypt

Dr. Amr Talaat, Minister of Communications and Information Technology, discussed with members of the Digital Economy and Entrepreneurship Committee at the Digital Egypt Creativity Center at Sultan Hussein Kamel Palace, plans to develop the outsourcing industry and ways to enhance the growth of digital exports.

The meeting reviewed the "Digital Egypt Strategy for Outsourcing Industry Development 2022-2026," which aims to increase digital exports, enhance Egypt's competitiveness in research and development and value-added services, and provide sustainable job opportunities in the cross-border services industry. The meeting also discussed the government's efforts to encourage companies operating in this industry to expand their business and increase their investments in Egypt.

The meeting was attended by Engineer Ahmed El-Zaher, CEO of the Information Technology Industry Development Agency (ITIDA), Engineer Sherine El-Gendy, Assistant Minister of Communications and Information Technology for Strategy and Implementation, and a number of leaders from the Ministry of Communications and Information Technology and the Information Technology Industry Development Agency (ITIDA).

During the meeting, Amr Talaat explained the efforts being made to create a supportive environment for the expansion of investments by international and local companies operating in the outsourcing industry in the Egyptian ICT sector, to consolidate Egypt's position as a leading global destination for providing IT and outsourcing services. He noted that there are currently more than 180 international and local companies with over 200 centers specializing in exporting digital services from Egypt, up from 64 companies in 2021.

He added that the outsourcing industry provides excellent and abundant job opportunities for Egyptian youth, noting that he aims to expand these opportunities by providing the necessary training for young people to qualify them for work in this industry. He emphasized that Egypt enjoys competitive advantages that have qualified it to become an attractive destination for investments in the outsourcing sector, including competitive costs, the availability of advanced digital infrastructure, as well as a large base of qualified and trained youth in various technological specializations, in addition to its distinguished geographical location.

He pointed out the ministry's keenness to encourage companies to boost the growth of cross-border service exports to various markets around the world, starting from Egypt, as well as to expand their presence outside Cairo and establish outsourcing centers in the governorates, relying on the expertise of young Egyptians in those governorates.

The meeting addressed ways to enhance the growth of the outsourcing industry by offering incentives to companies, supporting export efforts, and expanding employment opportunities, particularly in value-added services. The meeting also highlighted initiatives launched by the Ministry of Communications and Information Technology and its affiliated entities that aim to provide training in various technological specialties with the aim of raising the efficiency of Egyptian cadres and preparing them for future jobs, particularly in the fields of artificial intelligence, data analysis, and integrated systems. The importance of expanding beyond Cairo to take advantage of competitive business costs in various governorates was also emphasized.

It's worth noting that Prime Minister Dr. Moustafa Madbouly issued a decision last January to form six specialized advisory committees to enhance communication between the government and experts in various private sector fields. These committees include the Digital Economy and Entrepreneurship Committee. Each committee is tasked with providing opinions and proposals to support government efforts to reform and advance the relevant sector, and to enhance the role of the private sector in the policymaking process.