Egypt is poised for a rise in its volume of IT exports based on its growing business relationship with the United States.
Dr. Tarek Kamel, Egypt’s Minister of Communications & Information Technology recently stated that the country’s volume of IT exports would rise to $1.1 billion by 2010. He made the comment at a special luncheon hosted by the U.S. Chamber of Commerce, the Business Council for International Understanding (BCIU), and the American Chamber of Commerce in Egypt in Washington, DC.
“Egypt is now at the new crossroads for next stage in the IT revolution,” said Dr. Kamel. “With a long history of innovation, we are a young, energetic country with a population that grew up in the technology world, so we’ve keyed some of the specific goals as a nation around technology – being a hub for innovation and research, cyber security and cross-border collaboration.”