FILE – Amr Talaat FILE – Amr Talaat

Digital exports hit $3.2B annually, target growth of 12%: Minister

Mon, Mar. 4, 2019
CAIRO – 4 March 2019: Ministry of Communication and Information Technology has set a plan based on the growth of digital exports volume which amounts to $3.2 billion annually, with a 12-percent rate during each year of the upcoming three years, Minister Amr Talaat said.

The communication minister added during his speech at Egypt’s fourth Investment Forum that information technology contributes by 4 percent to the gross domestic product (GDP), noting that the plan aims to raise this percentage to 5 percent during the next couple of years.

He also referred that his ministry will have a digital platform to provide trainings and to have an interactive platform for the youths, aiming to build capabilities, expand skills and increase the number of entrepreneurs.

This digital platform will not only be for Egyptians, but also will include Arabs and Africans, according to Talaat. He stressed that turning Egypt into digital economy is not a luxury anymore but a necessity to provide a governance frame for all resources in the state.

Talaat added that the ministry is cooperating with the Central Bank of Egypt (CBE) to issue Citizen Cards for anyone who has to deal with the government, noting that the issuance of these cards will add 28 million citizens to the Egyptian system which enhances moving towards financial inclusion.

He stated that the ministry works with the Ministry of Health to provide technological infrastructure in insurance field, referring that it also cooperates with Africa through internet services, cables and bigger programs.

According to Talaat, the ministry is establishing a unit to explain digital projects for Africans to explore exchangeable ideas and expertise.

In February, Talaat announced his ministry’s strategy during the coming three years, revealing the current figures of ICT sector at the American Chamber monthly meeting.
During his speech, he said that the year 2018 was a significant year for Egypt’s Information and Communications Technology (ICT) sector, where the country was awarded membership in the Administrative Council of the International Telecommunication Union. Also, the contribution of ICT to the gross domestic product (GDP) grew 14 percent year-on-year in FY2017-18 compared with FY2016-17.

Digitizing Egypt

CAIRO - 21 February 2019: The year 2018 was a significant year for Egypt's Information and Communications Technology (ICT) sector, where it was awarded membership in the Administrative Council of the International Telecommunication Union. Also, the contribution of ICT to the gross domestic product (GDP) grew 14 percent year-on-year in FY2017-18 compared with FY2016-17.



 
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