Egypt’s ICT Reviews New Tech-Areas on Supreme Commission of PPP

Information and Communication Technology (ICT) Ministry is planning to review the new technological village project on the supreme Commission for partnership between the public and private sector PPP in five governorates with expected investments up EGP25billion within the current month.

Eng. Mohamed AbdelWahab, Chairman at Cairo Contact Centers Park in Maadi illustrated that the Ministry obtained the approval of PPP in the Finance Ministry, expecting that it will get the approval of Supreme Commission after reviewing the project in order to start building in Maadi Park and develop the five zones by Housing , ICT in Assiut, El Sadat, Borg El Arab, Sohag and Beni Suez.

The Technological village will allow to the firms to obtain areas by usufruct system for 49 years.

In previous statements, the Minister Atef Helmy emphasized that it is schedule to establish five new zones with total cost up EGP24 billion.