Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

IDSC: Egypt Provides EGP 100bn for Internet Efficiency Project

IDSC: Egypt is Turning into a Global Outsourcing Hub

Wed 07 Dec 2022 | 10:53 AM
Ahmed Emam

The Egyptian Cabinet's Information and Decision Support Center (IDSC) realised a new infographic reviews Egypt transition to a global hub for outsourcing services to international companies.

In the latest infographic, IDSC said that Egypt has signed with 29 company agreements to starting its services in the country during the coming period, adding that the agreements expected to provide more than 34k job opportunities and contribute $0.5bn as exports value.

Moreover, the infographic mentioned that Egypt has taken steps to enhancing outsourcing services including advanced infrastructure in addition to establishing Knowledge city in new administrative capital to be digital creative center and preparing the legislative and regulatory environment to facilitate the work of startups and tech companies.

The country have provided EGP 100bn for internet efficiency project, and allocated EGP 60bn to provide high speed for villages in haya karima initiative, it noted.