Egypt: Technology Sector Aims To Fly The Flag For Innovation

Egypt: Technology Sector Aims To Fly The Flag For Innovation


Tarek Kamel, the country's Minister for Communications, Information and Technology, said the government's innovation strategy, which is due to be launched later this year, would mirror initiatives such as the recently-established entrepreneurship and innovation centre in Smart Village, the Technology Cluster and Business Park in Egypt.

"We will take the necessary steps to be an alternative location for investment in intellectual capital, solidifying our positioning at a higher segment of the value-chain," he said. "Egypt will look to be branded by much more than just business process outsourcing and call centre services. We will endeavour to use innovation as a primary driver for future growth."

Kamel was speaking exclusively to Oxford Business Group (OBG), the global publishing, research and consultancy firm. The interview appears in OBG's forthcoming business guide, The Report: Egypt 2010, together with detailed business intelligence on the country's macroeconomics, infrastructure, political landscape, banking and sectoral developments.