Know the most important objectives of the investment plan for the ICT sector

ICT investment plan targets ICT sector and now thanks for reading the news with news details

Cairo – Samia Saeed – The investment plan in the field of communication and information technology in the financial year 2022/2023 aims to develop a 2.5 billion pound cooperation program with companies and international organizations and to provide the latest software licenses from international companies at competitive prices. Planning Minister Dr. Hala Al-Said to a government report presented to Parliament.

The communication and information technology sector plays an important role in promoting the elements of sustainable development, as it provides knowledge and modern information that motivates and guides investment, production and operational decisions.

The 22/23 year plan aims for direct investment of 67.1 billion pounds in the communications and information technology sector, compared to 58.2 billion pounds of investment at the end of the previous year, an increase of 15%, noting that the sector accounted for less than 5% of total investment in the plan.

In the new fiscal year 2013/2022, the most important trends in the telecommunications sector are to continue the implementation of the digital transformation program and eliminate the digital divide, intensifying efforts directed at achieving financial inclusion, adopting programs related to artificial intelligence, expanding applications and innovations. Outsourcing systems to develop information technology, and service exports, deploying advanced Internet services such as the Internet of Things, cloud computing, and big data while developing information infrastructure.

Mojtaba Sadira

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