The meeting was attended by Dr. Amr Talaat, Minister of Communications and Information Technology; Engineer Hassan El Khatib, Minister of Investment and Foreign Trade; Dalia El Baz, Chairperson of the Board of Directors of the National Postal Authority; Engineer Mohamed Nasr El Din, Managing Director and CEO of Telecom Egypt; and Ghada Nour, Assistant Minister of Investment for Investment, Promotion, and Government IPOs.
Madbouly stressed that this important meeting with ICT sector officials is part of a series of meetings to follow up on the implementation of the government IPO program, within the framework of the State Ownership Policy Document and its vision for the optimal utilization of state assets, whether by building partnerships with the private sector or offering portions of these assets. This will achieve the state's goals of encouraging the private sector and enhancing its participation in driving the growth of the Egyptian economy.
Talaat discussed the key outcomes of meetings held with the Cabinet's IPO committee and with representatives of the International Finance Corporation (IFC), a member of the World Bank Group. The meetings aimed to review key projects that can be optimally leveraged through partnerships with the private sector.
He also reviewed the most important opportunities for partnerships with the private sector in the telecommunications sector and the areas that can be proposed to achieve the goals of the government IPO program. These include expanding the fiber optic network, mobile towers, and data centers. This will contribute to enhancing investment in this promising sector and providing distinguished digital services to citizens, achieving digital transformation, developing digital infrastructure, and supporting technological innovation.