The Minister of Communications and Information Technology Yasser ElKady has witnessed the ceremony of signing an agreement between the National Telecommunication Institute (NTI) and the Egyptian Company for Tracking and IT services (ETIT) for manufacturing and marketing a vehicle tracking device for ETIT interest.
This development is within the stateís trend towards activating the presidential initiative "Egypt the Future," launched by President Abdel Fattah al-Sisi in November 2015 during the 19th Cairo ICT 2015, which aims to design and manufacture electronics in Egypt, and encourage the sectors of electronic systems and labor-intensive electronics industry services.
In this context, ELKady stated that Egypt has all the physical and human factors that enable it to enter the industry, in addition to the high level of expertise possessed by its young people in various sectors. He also said that the state is keen to implant technology and benefit from the advantages that Egypt enjoys, including the distinguished geographical location, qualified and trained young people at the highest technical and professional level, as well as other factors. He added that this agreement is to translate the key pillars of the Ministry of Communications and Information Technology (MCIT) strategy into action, through implementing a national initiative that aims to design and manufacture electronics in Egypt. He, also, added that the device will be produced using 100% Egyptian designs, Egyptian potentials and world-class specifications.
For her part, NTI Acting Director Eman Ashour said that the NTI possesses expertise and technologies as well as scientific consultations in the areas of electronics, communications and tracking systems. The Institute is ready to cooperate with all entities that wish to take advantage of these experiences for developing and enhancing work systems and advancing production in favor of the Egyptian society.
ETIT Chairman Samir Fathi pointed out that ETIT gives due consideration to providing automated tracking of vehicles services and technical solutions for vehicle fleet management in Egypt, being the company licensed to provide services of using, importing, manufacturing, assembling and acquiring tracking systems and equipment. This service is one of the technological breakthroughs that realize further efficiency for the administrative system in Egypt. It also contributes to the reduction of car theft and help the growth of many sectors such as transport, oil, tourism and other state sectors, adding that the device will be, soon, offered in markets.