talabat Egypt and N GAGE Consulting hosted a roundtable discussing ways to enhance Egypt’s investment climate, particularly in the technology sector. Attended by government officials and private sector representatives, the event addressed strategies for improvement, regulatory reforms, and the crucial need for a skilled workforce to bolster economic resilience against global challenges.
On October 11, 2023, talabat Egypt collaborated with N GAGE Consulting to host a panel discussion in Cairo titled “Enhancing Egypt’s Investment Climate with a Special Focus on Technology Investment.” The event aimed to improve communication between the government and private sector in order to foster a better investment environment. Notable attendees included Hossam Heiba, President of the General Authority for Investment and Free Zones; Eng. Ahmed El Zaher, CEO of ITIDA; and Dr. Heba Saleh, Chairwoman of the Information Technology Institute. Representatives from various sectors such as food industries and consumer goods also participated.
This initiative supports the Egyptian government’s efforts to attract capital and promote sustainable growth, particularly in the technology sector, which has been the nation’s fastest-growing industry. In the fiscal year 2023-2024, this sector experienced a remarkable growth rate of 14.4%, accumulating revenues of EGP 315 billion. The roundtable signifies talabat Egypt’s commitment to bolstering the national economy and underscores the necessity of technological investment.
Discussions at the roundtable encompassed strategies to enhance the investment climate, focusing on supportive financial policies and regulatory frameworks. Key topics included boosting e-commerce in Egypt, identifying challenges within the investment landscape, and proposing effective solutions. The session also emphasized the need for regulatory reforms and incentives, fostering cooperation between government and private sector entities to enrich the digital economy.
Furthermore, the event highlighted the critical role of government-private sector partnerships in driving innovation and adapting to industry transformations. Discussions also addressed the issue of workforce shortages by calling for the development of young talent and professionals in the technology field, which remains a significant challenge for the sector.
In summary, the panel discussion organized by talabat Egypt and N GAGE Consulting focused on enhancing Egypt’s investment climate with an emphasis on the technology sector. Through fostering partnerships between the government and private sector, the event aimed to outline strategies that promote growth and address challenges. The ongoing commitment to developing a skilled workforce further illustrates the importance of innovation and adaptability in Egypt’s economic landscape.
Original Source: www.zawya.com
