Communications Min.: More than 90% of Data Traffic between Asia, EU Passes through Egypt

Amr Talaat, Minister of Communications and Information Technology, affirmed that Egypt's digital strategy aims to achieve a number of goals, which are enhancing the contribution of the sector to the gross domestic product, attracting foreign investments to the sector, in addition to integrating technology in various sectors of the country to supporting Egypt's capabilities in the field of international connectivity.

This came in a speech delivered by Talaat, during the meeting, which was organized by the American Chamber of Commerce in Cairo.

Talaat explained the intensive efforts made by the ministry to enhance Egypt's position as a leading destination for cross-border information technology services, which resulted in an increase in the volume of digital exports to reach $4.9 billion, and the signing of agreements with 29 international companies that add export revenues worth $1 billion annually by 2025 and provide 34,000 job opportunities.

The minister indicated that the communications and information technology sector achieved a growth rate of 16.3%.

He pointed out that Egypt has progressed in fixed internet speed, becoming the first in Africa in average fixed internet speed this year, with an average speed of 45 Mbps, compared to the 40th position in early 2019, according to the global company Ocla.

He noted that more than 90% of the data traffic between Asia and Europe passes through Egypt through 14 submarine cables, and 5 new submarine cables are currently under construction.