10 March 2016
Egypt ICT Minister, Greece Infrastructure and Transport Minister Discuss Joint Cooperation

The Minister of Communications and Information Technology Yasser ElKady has received the Greece Minister of Infrastructure, Transport and Networks Christos Sbertzis, and the delegation accompanying him including a number of Greek officials and businessmen.

The visit is in the framework of the action plan adopted by the State to support the partnership and development of cooperation and bilateral relations between Egypt and Greece in various fields, in accordance with the vision set by President Abdel Fattah el-Sisi during his official visit to the Greek Capital, Athens, on December 8-10, 2015.

During the meeting, both parties discussed means of cooperation opportunities between the two sides in the ICT field. In addition, they discussed a number of joint projects that will benefit the two countries in this key area. The two sides also deliberated the practical steps for implementing projects between Egypt and Greece in the ICT areas.

Sbertzis expressed his interest in opening areas of cooperation at the level of government and private sector companies operating in the ICT sector, networking and infrastructure, software and electronics design and manufacturing.

For his part, ElKady hailed cooperation possibility in the areas mentioned especially electronics design and manufacturing, which is one of the sector priorities at present. He stated that the Ministry of Communications and information Technology (MCIT) is due to enter into a number of agreements with certain European countries, and Chinese and Korean companies in the field of manufacturing to achieve an integrated system and push forward the electronics manufacturing initiative.

The ICT Minister has also said that the success elements of joint ventures between the two countries are available, especially that Egypt enjoys competitive advantages in the field of manufacturing in terms of the availability of skilled labor and the domestic market absorption of electronics. In addition, the geographical location of the two countries is a strong catalyst for carrying out joint ventures where Egypt is a gateway to the African markets, and Greece an outlet for European markets.

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