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  • Silicon Waha
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    Silicon Waha

    Last Updated: 02 Jul 2019
    Silicon Waha is a leading joint stock company, founded in May 2016 with the aim of creating a series of specialized business and technology parks across 2nd tier cities in Egyptian governorates. The company is committed to providing the essential elements necessary for the dissemination of technology in businesses, and to encouraging the development of talent pools across various industries.

    Its vision is to reach out for Egypt's talented youth everywhere and provide the ecosystem that enables them to create value through the transformation of innovation and technological advancements for Egypt’s welfare.

    Silicon Waha’s business model provides a good environment to serve the ICT industry in Egypt through integrated services for entrepreneurs, start-ups, small and medium sized enterprises and local and international companies.  The model encompasses companies of electronics designing and assembling and their outlets; and promotes regional and international commercial, research and educational relations with NGOs, universities, research centers and tech industrial companies through innovation clusters, providing a typical setting for technology incubators.

    Silicon Waha aims to benefit from Egypt’s competitive advantages in terms of location, multilingualism, technical skills and talent pool in attracting local, regional and global investment for the development of areas around these Parks. It also aims to help local ICT companies to penetrate new foreign markets and encourage them to export their products and services.

    Silicon Waha main stakeholders are the Ministry of Communications and Information Technology (MCIT), the Information Technology Industry Development Agency (ITIDA) and the New Urban Communities Authority (NUCA). Silicon Waha is working with all its stakeholders to provide a competitive and attractive environment for innovators, entrepreneurs, local businesses, regional and international investors to connect the domestic economy to international trade. Silicon Waha business partners are essential for the development of the ecosystem of the Park, including businesses (banks, computer outlets, cafes and restaurants, universities, motels and others), and companies operating in various ICT technologies (call centers, business process outsourcing, IT outsourcing, knowledge process outsourcing and electronic design and manufacturing industry). This in addition to entrepreneurs as Silicon Waha welcomes innovation and entrepreneurship partners including incubators, labs, accelerators, NGOs and networking firms. Talents are also the main driver of all activities in Silicon Waha including students, undergraduates, graduates, postgraduates, employed and unemployed.

    Silicon Waha serves a wide category of businesses ranging from corporate to startups. It offers an appropriate space for tenants. It also designs startups and enterprisers spaces with special specifications that ensure networking and sharing information. Spaces are available as co working spaces or small offices. Buying land, buildings and commercial outlets are still one of the options that are offered by Silicon Waha for all its stakeholders.

    Silicon Waha, also, offers flexible, energetic office space for startups and IT services companies in all sizes. It is an energetic environment that promotes high productivity and collaboration. The offices are characterized by being flexible open-space smart designs with a cutting-edge communications network and IT infrastructure and fiber optic infrastructure.

    Silicon Waha offers a wide and comprehensive range of services designed to ensure all clients requirements are catered for. It offers a collection of high-quality facilities to businesses operating within the technology parks with state-of-the-art infrastructure, systems and equipment.

    Furthermore, Silicon Waha has eco-friendly and clean locations with a daily maintenance carried out to ensure a perfect business environment. Facilities include business hub and learning, amenities and government services.

    Technology Parks

    Technology parks have become a public policy tool to promote local economic development and technological progress in Egypt. A technology park is an area managed in a manner designed to promote innovation. It is a physical place that supports university, industry and government collaboration with the intent of creating high technology economic development and advancing knowledge. Beneficiaries are community citizens and workforce, academia, entrepreneurs, ICT stake holders, the government of Egypt, consultants and engineering, contracting, supplying and financial companies. Egypt’s technology parks are set in the following locations:

    § Borg Al –Arab Park
    § Sadat Park
    § New Assiut Park
    § Beni Suef Park
    § 10th of Ramadan Park 
    § New Aswan Park

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