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ITIDA and Egyptian Commercial Services partner to promote Egypt IT sector

ITIDA and Egyptian Commercial Services partner to promote Egypt IT sector

Information Technology Industry Development Agency (ITIDA) recently hosted a delegation from the Egyptian Commercial Services (ECS). ITIDA's Acting CEO, Engineer Ahmed Elzaher, welcomed the ECS delegation, headed by the Minister plenipotentiary, First undersecretary, and Head of Egyptian Commercial Services, Mr.Yahya Elwathik Bellah.

The meeting discussed bilateral cooperation opportunities between ITIDA and ECS' offices overseas, aiming at increasing Egypt's IT offshoring (ITO) and business process outsourcing (BPO) services exports.

The meeting came as part of the cooperative efforts among state agencies to boost Egyptian exports, help exporters access foreign markets, and improve export competitiveness, in line with Egypt's ambitious plan to bring export volume to $100 billion.

Elzaher said that ITIDA is looking forward to further collaboration with ECS leveraging its capabilities and role as an integral economic arm in supporting the state's efforts to attract foreign investments and support export growth. Elzaher showcased the existing potentials of ITIDA's Digital Egypt Strategy for Offshoring Industry 2022-2026 where ITIDA aims at tripling the export revenue from digitally-enabled offshoring services, and enhancing the country's competitiveness in the R&D and value-added service, in addition to a new incentive scheme that ITIDA offers to attract new investments.

Moreover, Elzaher affirmed that ITIDA is currently working on attracting more multinationals to launch global delivery centers in Egypt, capitalizing on the country's leading position as a global offshoring hub.

He added that ITIDA is committed to training young people in different technology specializations, launching leading initiatives such as Egypt Future Work is Digital (Egypt FWD), in addition to its endeavors to spread digital innovation hubs across the country. These efforts aim to qualify young Egyptians for the global ITO/BPO job marketplace and encourage them to establish their startups based on entrepreneurial and innovative tech solutions.

For his part, the Head of the Egyptian Commercial Services, Mr. Yahya Elwathik Bellah pointed out the importance of the cooperation between ECS and ITIDA to raise awareness among various Egyptian entities of the growing global outsourcing services sector and its export potential that cannot be overlooked.

Elwathik Bellah referred to the visit arranged by ECS' Office in Zambia, last November, to invite the Chamber of Information Technology & Communication (CIT) to participate in the Innovation Africa Summit, as part of the ongoing efforts to increase access of Egyptian exports of outsourcing services to the African markets.

Both parties agreed on renewing the cooperation protocol between ITIDA and ECS, signed in February 2020, in accordance with the developments witnessed by BPS/ITO sector and in coordination with ECS' offices overseas. The renewal of the cooperation protocol aims to attract more MNCs to the Egyptian IT Market and increase Egypt's exports.






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