egypt 2007 eitesal egyptian information telecommunication electronics & software alliance walid...
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EGYPT 2007
EITESAL Egyptian Information Telecommunication Electronics & Software Alliance
Walid GadChairmanEITESAL
WITSA Board MeetingCairo 2007
Walid GadChairmanEITESAL
WITSA Board MeetingCairo 2007
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Egypt Demographic/Economic Figures
Population more than 76 M inhabitants with 58% in workforce age
Population growth 1.94%
GDP growth in 3rd quarter 2006/07 reaching 7.4% targeting 9-10% in 2009/10
Inflation <10% targeting 7-8% in 2009/10
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Egypt Demographic/Economic Figures
FDI > $ 10B in 2006/07
Unemployment down from 11.8% in 2006 to 9% in 2007
Export growth 46% in 2006/07
IT expenditures as a % of GDP (IDC – Oct 2005) 0.9%
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EGYPT ICT MARKET GROWTH
2002 2007
Fixed Lines:Penetration is now 15%
Number of subscribers 6m 11m
Mobile:
Penetration is now 28%
Number of operators 3
Number of subscribers (over one million subscribers are added each month)
3m 25m
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2002 2007
Internet : Users 1.5m 6.5m
Broad Band : Users --- 250000
Band Width 50 mb 16000 mb
EGYPT ICT MARKET GROWTHEGYPT ICT MARKET GROWTH
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Government Vision & Strategy
Vision:
“ The IT sector will be the main driver behind the development and growth of the Egyptian economy. It will be one of the main generators of foreign currency and will create a large number of job opportunities ”
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Government Vision & Strategy
Strategy:
• Enhancing the local ICT market size
• Increase the penetration of internet usage
• Enhance and develop the local ICT professionals
• Develop & strengthen local companies
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Government Vision & Strategy
Strategy:
• Stimulate ICT researches
• Encourage new young entrepreneurs
• Encourage export of products and services
• Attract foreign companies to establish their development and support centers in Egypt
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EITESAL
• Formed of the top 250 companies in Egypt working in the areas of electronics (H/W), telecommunication, software development and system integration.
• The combined revenues of the EITESAL member companies are more than 80% of the total ICT market in Egypt.
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EITESAL MISSION
TO HELP GROW THE LOCAL ICT MARKET AND INCREASE EXPORTS OF ICT PRODUCTS AND SERVICES FOR THE BENEFIT OF OUR MEMBERS AND THE COMMUNITY
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EITESAL STRATEGY
• Increase membership
• Develop and grow our member companies
• Continue to improve trading environment
• Build strong relations with associations outside Egypt
• Strengthen IJMA3 (Union of Arab ICT Association)
• Organize conferences and exhibitions to promote Egypt ICT sector (GPPC 2007 – WCIT 212)
• Close relations and cooperation with MCIT
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Objectives
“ Promote Egypt as the preferred outsourcing service provider ”
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WHY EGYPT
• 250 000 graduates every year
• Multilingual graduates (English / French / German)
• Low labor cost (lower than India)
• Excellent communication infra structure
• Stable politically and socially
• Close to Europe
• Incentives
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