19 June 2022
ICT Minister Delivers Opening Remarks at ‘Digital Nation’ Conference


On behalf of the Minister of Communications and Information Technology Amr Talaat at the opening of the seventh edition of the Digital Nation Conference, the Deputy ICT Minister for Administrative Development, Digital Transformation, and Automation Khaled El Attar has delivered a speech.
 
Digital Nation is organized by the Chamber of Information Technology and Telecommunication (CIT). It is attended by Minister of Trade and Industry Nevin Gamea, Minister of Technology and Science in Zambia Felix Mutati, Director-General of Digital Dubai Hamad Al Mansoori, Chairperson of Egypt Post Sherif Farouk, CEO of the Information Technology Industry Development Agency (ITIDA) Amr Mahfouz, Chairman of CIT Khaled Ibrahim, and a number of leaders and experts in the ICT industry in Egypt and Arab and African countries. Sixty ICT companies are participating in the conference.
 
In his opening remarks, the ICT Minister highlighted that Egypt is keen on embracing the Fourth Industrial Revolution technologies and accelerating the transformation into an inclusive digital society.
 
He added that the Ministry of Communications and Information Technology (MCIT) is spearheading the digital transformation and joining forces with state institutions to build Digital Egypt.
 
Building Digital Egypt stands on three main pillars: achieving digital transformation, building digital capabilities, and fostering digital innovation. Talaat explained that within that framework, more than 135 government services were made available on the Digital Egypt platform.
 
Talaat pointed to the growing global trend towards injecting capital into digital transformation, reaching $1.8 trillion in 2022, an increase of 17.6% compared with 2021. He revealed that Digital Egypt Strategy for Offshoring Industry 2022-2026 has been developed, featuring investment incentives for international and local investors.
 
The ICT Minister referred to MCIT efforts in creating an enabling environment for electronic circuit and system design and development at the Applied Innovation Center (AIC) in the Knowledge City in the New Administrative Capital.
 
Furthermore, Talaat remarked that MCIT is implementing a capacity-building strategy, targeting training more than 200,000 young people in the current fiscal year at EGP 1.1 billion investments. MCIT partners with tech giants to upskill all segments of society at different levels. The strategy involves undertaking initiatives aimed at empowering young men and women to join the online freelance job market. One of the key initiatives is Future Work is Digital (FWD).
 
The ICT Minister added that MCIT has established Egypt University of Informatics (EUI) in the New Administrative Capital and celebrated the graduation of the first batch of trainees at Digital Egypt Builders Initiative (DEB). MCIT has been collaborating with international partners to offer DEBI learners a professional master’s degree in modern technologies.
 
In Egypt, Venture Capital (VC) has grown by almost 168%, doubling from $190 million in 2020 to $490 million, Talaat noted, adding that Egypt accounted for the highest number of VC deals in Africa in 2021.
 
Additionally, MCIT works relentlessly to boost the IT industry, remarked the ICT Minister. The Ministry works to create an environment conducive to digital innovation, forge public-private partnerships (PPP) in research and development (R&D), create a favorable climate for attracting foreign investors and encouraging local ones, and nurture ICT startups and small businesses. The ICT Minister also said that CREATIVA Innovation Hubs are being established across the country.
 
Around EGP 60 billion capital has been put into the first phase of a project for optimizing Internet connection, which helped boost Internet speed and placed Egypt at the forefront of African countries in the median fixed broadband speed.
 
Talaat revealed that MCIT plays a significant role in the Decent Life initiative. The Ministry is implementing Fiber-To-The-Home (FTTH) to improve access to fixed broadband at EGP 5.8 billion. In addition, post offices are being fully modernized following the latest international standards, at a budget exceeding EGP four million. So far, 3,345 offices have been completely developed. The postal network is being expanded by deploying postal kiosks (Bosta Express) and mobile post offices and introducing new postal services.
 
Egypt is keen on collaborating with Arab and African countries to exchange expertise in ICT fields, especially digital transformation, the ICT Minister highlighted.

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