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    ICT Minister Receives TomTom VP

    Cairo, 13 July 2017

    The Minister of Communications and Information Technology Yasser ElKady has received a delegation from TomTom—a leading company in navigation and digital map products—headed by TomTom Vice President (VP) Anja Van Hal Chipres, where they discussed the final plan of TomTom's presence in the Egyptian market, and its intention to establish a center for developing high-tech products and systems, and investing in Egyptian qualified calibers.

    TomTom VP said that they are in the process of finalizing a strategic plan for creating investments in the Egyptian IT sector through employing qualified young people in various technological and practical fields. She said that this was because of efforts and programs implemented by the Egyptian Ministry of Communications and Information Technology (MCIT) and the Information Technology Industry Development Agency (ITIDA) to attract investors. Providing consultancy and advisory studies, such programs were characterized by careful consideration, and gave a clear vision of the sector and its future. She also underlined that these efforts support investors in decision-making and gaining confidence.

    In this context, ElKady stated that the Egyptian IT sector is successful in attracting investors. He pointed out that the government has a series of programs related to developing the sector and attracting foreign direct investments, the most important of which is the state's support for the development of technological calibers to meet investors' needs. This is in addition to the new investment law that encourages investing in the sector, including incentives and exemptions in case of having presence in one of the technology parks currently being developed in various governorates. The ICT Minister talked about the economic reform measures, currently being implemented by the state, with their impact readily apparent as Egypt is now in a competitive position and qualified to enter into a group of developing industries and advanced technological activities internationally.

    TomTom is a worldwide leader in the production and development of satellite navigation systems and devices, specialized in innovating navigation service systems for various vehicles, including self-driving cars, smart fleet management solutions and fitness and sports activities equipment. It has around 4700 employees worldwide and its products are available in more than 41 countries.

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