A Regional Center for Digital Services is Emerging in Egypt
Last Updated on November 13, 2023 by Ameer Hamza
Egyptian civilization is remarkable because of its extensive scientific achievement and cultural development history. With a population of hundreds of millions, the Egyptian economy is one of the biggest in the Arab world. It is undergoing a dramatic transformation due to the persistent digital revolution. The MCIT has begun work on creating Digital Egypt as part of the country’s efforts to change digitally in line with Egypt Vision 2030. All the groundwork for Egypt’s eventual transition into a fully digital society has been laid with the introduction of an all-encompassing strategy.
While supporting domestic manufacturing and industrialization, the Egyptian government is actively attracting foreign firms to establish operations in the country. In addition, Egypt offers unparalleled investment opportunities and benefits, including tax exemptions and customs reductions on manufacturing parts and raw materials. It is why two top international firms, Nokia and Vivo, have decided to manufacture their products in Egypt.
Localizing The Electronics Industry And Its Components
The Egyptian government supports local production and localization of the economy. With many people using mobile phones, Egypt is a vast potential market. One of the top goals of both the state and the ministry is the localization of the electronic sector and the supply chain that supports it. Aside from maintaining the nation’s USD reserves, producing around 1.5 million mobile phones in Egypt each year would result in lower shipping and import costs for these essential items for residents.
Embracing MCIT As A Driver Of Digital Transformation
The MCIT has come a long way toward realizing the country’s Digital Egypt policy, which calls for widespread use of cutting-edge technology and stimulating creative problem-solving. Public services in Egypt have been streamlined and made more accessible owing to a concerted effort to transition the country’s current government and community framework to one that is fully digital and data-driven. It is mandated that all government services be made available to individuals throughout the country by digital methods.
Empowering Egyptians For The Age Of Digital Change
All societal sectors were taken into account by MCIT while delivering training and developing capabilities. With an expected increase to 200,000 students and investments totaling over 1 billion EGP, the MCIT’s allocated budget for technical training has reportedly increased in the previous three years. An all-inclusive approach has been created to establish a foundation of digital capabilities.
Transforming Egypt’s Digital Landscape
Egypt’s economic prosperity, improved efficiency, and advanced human capital development are all contingent on its capacity to speed up its digital transformation. Providing cross-border connectivity due to its extensive network of fiber-optic cables and telecom equipment, Egypt is of critical importance to the internet as a whole. In addition, a revised national cybersecurity plan covering 2022-2026 has been developed to ensure the complete safety of the state’s information and communication technology (ICT) infrastructure. With its advanced infrastructure, digitization, business-friendly culture, and massive market of 100 million smartphone users, Egypt is attracting many multinational firms to establish facilities for production.