Egypt: National ICT Strategy that aims to boost investment in the ICT sector to 55 billion EGP

Egypt: National ICT Strategy that aims to boost investment in the ICT sector to 55 billion EGP

Check out my latest article at Wamda: Egypt aims to boost investment in the ICT sector to 55 billion EGP.

To do so, the Ministry of ICT mostly plans to invest in infrastructure, granting 75% of Egyptian households access to internet at a speed of 2Mbps by 2015, and, by 2021, increasing access to 90% of households at 25 Mbps. It also hopes to offer 3G service to 98% of users by 2015, and 4G service for 90% of the population by 2021.

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مصر تسعى لزيادة الأستثمار فى قطاع الاتصالات والتكنولوجيا إلى 55 مليار جنيه

مصر تسعى لزيادة الأستثمار فى قطاع الاتصالات والتكنولوجيا إلى 55 مليار جنيه

Check out  my latest Wamda piece. Fantastic progress for ICT sector in Egypt, and amazing strategy from MCIT ministry. Investments in Egypt to reach 55 billion pounds soon in Information Technology and communication sector

Reverse Offshoring: From Wipro India to Egypt

It looks like Wipro development center in Egypt aren’t doing much of a success in terms of getting new business leads and customers from Egypt. This is why they will solve this problem by assigning the team projects from india in what is known as the Reverse Offshoring.

Just think about it, a customer in the United states outsources Wipro in India a project, this is of course because of the lower costs/wages in India. However, Wipro decides that the costs in India are increasing day after day and it perhaps makes more sense to outsource to an even lower cost country, which is Egypt in our case.

Some IT industry people expected this would happen a few years ago and now it seems that their expecations are coming true. Read the full stroy here.