Amr Talaat, Minister of Communications and Information Technology sanctioned the agreement inked with Tech Mahindra, as part of several agreements with 29 multinational companies, creating over 34,000 jobs directed towards exports through 35 global delivery centers with export value worth $1 billion annually.
“With its unique central location at the crossroads between three continents, Egypt delivers a resilient high-quality digital infrastructure, and provides a supportive legislative framework catching up with the global rapid growth. Our plentiful supply of tech talent is all set and ready at a competitive cost, with proven experience in business services delivery for global firms to more than 100 countries with 20 different languages,” said Talaat.
The new facility in Cairo will assist Tech Mahindra’s clients across sectors like telecom, oil and gas, BFSI (Banking, Financial Services, and Insurance), energy & utilities, and the public sector by leveraging artificial intelligence, big data & analytics, cloud and 5G technologies. This is in line with Tech Mahindra’s commitment to expand its global delivery centers and invest in the upskilling and reskilling of local Egyptian talent.
“Egypt is a source of great talent and technical skills that can boost our service delivery in regional and global markets. It is also a key growth market for us in the MEA region; therefore, the launch of our technology center operations in Cairo marks an exciting milestone for Tech Mahindra,” said Ram Ramachandran, Senior Vice President & Head of Middle East and Africa at Tech Mahindra.
Tech Mahindra is partnering with the IT Industry Development Agency (ITIDA) is the executive arm of the Egyptian Ministry of Communications & Information Technology (MCIT).
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