That is compared to LE58.2 billion for investments expected by the end of the previous year 2022/21, with a growth rate of 15%.
The network was built in 24 months, and the cost of its infrastructure amounted to be $1 billion.
“The value of Egypt’s digital exports grew from $4.1 billion in 2019/2020 to $4.5 billion in 2020/2021,” he added.
Talaat added in a statement, Tuesday, that the communications and information technology sector has been the highest growing in Egypt for three consecutive years, with a growth rate of 16 percent.
The main axis of the economic reform program is to increase the relative weight of the sectors of manufacturing, agriculture, communications and information technology, according to Minister of Planning Hala El-Said.
The COP 27 Champion pointed out that Africa’s contribution in emissions is just 3-4%.
President Abdel Fatah al-Sisi held a meeting Sunday with Prime Minister Mostafa Madbouli and Minister of Communications and Information Technology Amr Talaat.
The conference will be held on May 30-31, and have as theme "By Industry."
President Abdel Fatah al-Sisi received Monday French Minister of Economy and Finance Bruno Le Maire at Al Itiyadiyah Presidential Palace.
Talaat noted that the percentage of women who are working in the ICT sector ranges between 35 percent and 40 percent.
The Egyptian ICT sector is described, according to international assessment institutions, as one of the fastest growing economic sectors thanks to strategic plans that are in line with market and life developments.
Although the free trade part entails removing tariffs, that is not all.
Egypt has been expanding its public investments in digital transformation.
The HUAWEI MateBook D 15 is part of Huawei’s Super Device Products making it ideal for the new “Smart Office” experience which brings a productivity hub that breaks through boundaries for maximum creativity and efficiency.
The three-year agreement aims at increasing the Egyptian exports of IT products and services, including the BPO and shared services.
The first prize was awarded to a team of three young women from Aswan governorate.
El-Said added that the sector and outsourcing services to reach $6 billion, compared to the $3.5 billion targets for the 21/2022 plan year.
One of the 19 new private universities began operation in 2021.
Oxford Business Group puts Egypt's digital Transformation plans in spotlight
The Ministry of Telecommunications and Information Technology signed on Tuesday an MoU with South Korea's Pusan National University.