Raya planning investments in two Egyptian technology parks

Egyptian information technology firm, Raya Holding (RAYA.CA) is planning to invest in the country’s technological park projects, sources from the ministry of communications and information technology told Amwal Al Ghad Wednesday.

The sources said Raya in addition to some other firms are keen to invest in anticipated technological parks in Alexandria and Assiut cities.

Earlier, Communications Minister Yasser El-Kady said some local firms had already commenced works on the first stage on Alexandria and Assiut technological parks, on space ranging between 12 and 15 feddans each.