Egypt Prime Minister secures key tech and telecom MoUs with China
These initiatives aim to create thousands of jobs, provide extensive training opportunities, and significantly boost Egypt’s tech and infrastructure sectors.
Egypt Prime Minister Mostafa Madbouly signed five key Memoranda of Understanding (MoUs) with Chinese firms and institutions to enhance Egypt-China telecommunications and information technology cooperation. These agreements, made during the Forum on China-Africa Cooperation (FOCAC) in Beijing, mark a significant development in Egypt’s tech and infrastructure sectors.
The first MoU with FiberHome Telecommunication Technologies involves setting up a fibre optic cable factory in Egypt, producing one million fibre kilometres annually and creating 200 jobs. It will also include a research and development centre and a training facility for network engineers.
The second MoU, with ITIDA, Tsinghua Unigroup, and Telecom Egypt, focuses on building a data centre and cloud services operation supported by a $300 million investment fund. This partnership will also establish a research centre for semiconductor design and develop AI applications, including an Arabic language model.
Huawei Egypt’s MoU will establish a development centre for local industry solutions, software, and cloud computing, aiming to train 1,500 developers by 2025 and support startups with cloud resources. The fourth MoU with ZTE will localise network equipment production and establish training labs for 5G and GPON technologies, providing training for 1,200 participants.
The final MoU with Hengtong Group will create a second fibre optic cable factory in the Suez Canal Economic Zone with a $15 million investment, producing 3 million kilometres of cables annually and including a training academy in collaboration with the National Telecommunications Institute. These agreements highlight Egypt’s commitment to advancing its technological infrastructure and deepening its partnership with China.