Talabat Egypt and N GAGE Consulting hosted a roundtable to enhance Egypt’s investment climate, concentrating on technology investment. Key stakeholders, including government officials and private sector representatives, discussed strategies for improving e-commerce, regulatory frameworks, and workforce development. The event reinforced the importance of public-private partnerships in fostering innovation in the technology sector, crucial for economic resilience.
Talabat Egypt, in partnership with N GAGE Consulting, recently held a panel discussion titled “Enhancing Egypt’s Investment Climate with a Special Focus on Technology Investment” in Cairo. The event aimed to improve the dialogue between the government and private sector stakeholders. Attendees included significant figures such as Hossam Heiba from the General Authority for Investment and Free Zones, Ahmed El Zaher, CEO of ITIDA, and Dr. Heba Saleh from the Information Technology Institute. Representatives from various sectors including food industries, retail, and supply chains also participated.
The roundtable aligns with the Egyptian government’s commitment to creating an attractive investment atmosphere that promotes capital infusion and sustainable growth. The technology sector has seen impressive growth, marked by a 14.4% expansion in the fiscal year 2023-2024, producing revenues of EGP 315 billion, making it Egypt’s fastest-growing industry.
This event emphasizes talabat Egypt’s dedication to bolstering the national economy through technology investments, which are crucial for adapting to global trends and enhancing economic resilience. The company commended the government’s initiatives to establish a firm digital infrastructure and favorable legislative framework to attract investments in the technology sector.
During the roundtable, participants shared critical visions for fostering a conducive investment climate, focusing on financial policies and regulatory frameworks that strengthen the industry’s overall business environment. Discussions included strategies for boosting e-commerce, addressing existing challenges, and proposing effective solutions to enhance investment.
The session stressed the vital role of public-private partnerships in encouraging innovation and developing the industry further. Continuous efforts to equip youth with relevant skills were also discussed, acknowledging the skills gaps as a significant challenge the sector faces.
In conclusion, the roundtable organized by Talabat Egypt and N GAGE Consulting highlighted the critical need for investments in the technology sector to improve Egypt’s overall investment climate. Participants explored strategies for fostering partnerships between government and industry while addressing challenges faced by the sector. The emphasis on developing a skilled workforce and regulatory reforms signifies a collaborative effort towards a robust digital economy in Egypt.
Original Source: www.zawya.com
