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Egypt to Invest LE 13 Billion in ICT Sector as Part of 2025/2026 Development Plan

Egypt to Invest LE 13 Billion in ICT Sector as Part of 2025/2026 Development Plan

Egypt Today16-04-2025
CAIRO - 16 April 2025: Minister of Planning, Economic Development, and International Cooperation, Dr. Rania Al-Mashat, announced that Egypt will allocate LE 13 billion in public investments to the Information and Communications Technology (ICT) sector under the 2025/2026 development plan. Of this amount, LE 9 billion will be funded through the state budget.
The announcement came during her address to the House of Representatives, where she outlined the strategic objectives for the ICT sector as part of the broader Economic and Social Development Plan for FY2025/2026. This marks the first year of Egypt's medium-term strategy for national development, covering the period from 2025/2026 to 2028/2029.
Al-Mashat emphasized the ICT sector's crucial role in driving sustainable development. She noted that it supports key decisions related to investment, production, and employment by providing up-to-date knowledge and digital infrastructure. The sector's dynamic nature and strong growth potential have allowed it to sustain an annual growth rate of no less than 15 percent, making it one of the fastest-growing sectors in the Egyptian economy.
She also reaffirmed the government's commitment to enhancing ICT infrastructure through ongoing and future projects. These include the creation of a secure, closed government network, upgrading connectivity across public institutions, and expanding digital transformation efforts nationwide.
Highlighted initiatives under this strategy include the rollout of the universal health insurance system, further development of the national 'Digital Egypt' services platform, modernization of the country's data infrastructure and digital content, and full automation of services such as social welfare programs, passport and visa issuance, property tax records, and agricultural land registration.
In terms of measurable goals, the 2025/2026 plan aims to increase the share of citizens using digital government services to 31 percent. It also sets a target to establish innovation hubs in 60 percent of Egypt's governorates and to boost the number of mobile network towers to around 40,000.
Additionally, over 600,000 people are expected to receive training in ICT-related fields, while Egypt's annual digital exports are forecasted to reach $8.5 billion—of which $6 billion will come from outsourcing services.
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