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Make us regional hub, Egypt tells Indian IT firms

Published on Fri, Dec 01, 2006 at 08:26 , Updated at Fri, Dec 01, 2006 at 09:08
Source : Moneycontrol.com

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A high-powered delegation of IT companies from Egypt is visiting India to woo Indian companies and entrepreneurs to explore mutual cooperation, projecting it as a hub for the region.

Backed by multi-lingual skill capability and strong technology background, Egypt believes that it could be an ideal destination to serve as a hub for Indian IT services and BPO companies. With several regional cooperation for trade, Egypt could serve as a platform, the Egyptian Government delegation conveyed at a meeting hosted by Nasscom here on Thursday.

Promoting IT

The Nordix Chairman, Mr Khalid A. Ismail, said that apart from creating a business-friendly environment, the Egyptian Government has initiated several steps that include slashing of customs and duties to promote IT sector, while providing a secure business environment.

This has meant that it is now a host to some of the largest global corporations such as Microsoft, Alcatel, Siemens, Oracle to name a few.

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