Prime Minister Oversees Signing of 55 Pacts in Major Push for Egypt’s Offshoring Industry
ITIDA signed agreements with multinational and local companies, boosting a knowledge-based economy and a future-ready workforce.
Agreements create over 70,000 new offshoring jobs, strengthening Egypt’s role as a global delivery powerhouse.
ITIDA signed agreements with multinational and local companies (Photo: AETOSWire)
Commenting on the signings, Dr. Amr Talaat, Minister of Communications and Information Technology, stated: “Egypt has quickly become a leading hub for technology and digital services, driven by strategic vision, strong infrastructure, and a skilled, youthful workforce. Our success is built on RISE: Reliable talent with over 760,000 graduates yearly, including 50,000 ICT specialists; Infrastructure readiness; Strategic proximity; and an Efficient cost structure. At this year’s Global Offshoring Summit, 55 international companies are expanding in Egypt, creating over 70,000 jobs in the next three years, reflecting global confidence in Egypt as a trusted partner.”
Eng. Ahmed Elzaher, CEO of ITIDA, stated, “Signing 55 agreements with leading global and local players is a milestone for Egypt’s digital economy. Three years since launching the Offshoring Strategy, we are grateful to our partners for establishing or expanding global delivery centers here — their success is our success. With Egypt’s abundant talent, we are confident in reaching our full potential.”
As Egypt celebrates these partnerships, their impact on the economy is significant. These agreements reflect strong confidence from major companies and reinforce Egypt’s position as a leading offshoring destination, well-prepared to meet global market demands.
*Source: AETOSWire
View source version on businesswire.com: https://www.businesswire.com/news/home/20251113033856/en/
Website: https://itida.gov.eg/English/Pages/defau...
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This news is a press release provided by Information Technology Industry Development Agency.
