Talabat Egypt and N GAGE Consulting organized a panel discussing technology investment in Egypt, focusing on enhancing the investment climate through government-private sector collaboration. The technology sector is growing rapidly, with a 14.4% increase in 2023-2024 and revenues of EGP 315 billion. The roundtable emphasized innovation, regulatory reforms, and workforce development as crucial areas for investment.
Talabat Egypt, in partnership with N GAGE Consulting, hosted a panel discussion titled “Enhancing Egypt’s Investment Climate with a special focus on Technology Investment”. The session aimed to bolster communication between government and private sectors and included notable attendees such as Hossam Heiba of GAFI and Eng. Ahmed El Zaher of ITIDA, along with other parliamentary and private sector representatives from diverse industries.
This initiative aligns with the Egyptian government’s goal to create a more favorable investment climate that attracts capital and promotes sustainable growth. The technology sector has emerged as Egypt’s fastest-growing industry, achieving a remarkable 14.4% growth in the 2023-2024 fiscal year, with revenues reaching EGP 315 billion, further highlighting the significance of technology investments.
The roundtable underscored talabat Egypt’s dedication to national economic support. Investing in technology is crucial for keeping pace with global trends and strengthening economic resilience. Talabat Egypt expressed appreciation for the government’s commitment to building a robust digital infrastructure and legislative framework to create a conducive investment environment in technology.
During discussions, several key strategies emerged, focusing on enhancing the investment environment, particularly in technology. The roundtable addressed relevant economic policies, regulatory frameworks, and e-commerce improvements. It also outlined challenges to the investment landscape and proposed reforms and incentives for better business operations, promoting government-private sector collaboration for a stronger digital economy.
The event highlighted essential partnerships between the government and private sectors, fostering innovation and industry transformation. It also emphasized the need for addressing workforce shortages through equipping young talents with relevant skills to meet industry demands.
The roundtable organized by Talabat Egypt and N GAGE Consulting stresses the importance of technology investment in enhancing Egypt’s investment climate. With notable participation from government and private sector leaders, the discussion highlighted the rapid growth of the technology sector and the need for continued investment and regulatory support. Forming partnerships between sectors and addressing workforce challenges are pivotal for future economic resilience in Egypt.
Original Source: www.zawya.com
