Talabat Egypt, together with N GAGE Consulting, held a roundtable to enhance Egypt’s investment climate, focusing on technology. Notable leaders discussed fostering a supportive business environment and addressing challenges in the investment sector. The discussions emphasized government-private sector partnerships as crucial for innovation and workforce development, reinforcing the importance of the technology sector for economic resilience.
Talabat Egypt, in partnership with N GAGE Consulting, hosted a panel discussion titled “Enhancing Egypt’s Investment Climate with a Special Focus on Technology Investment”. The objective was to improve communication between the government and the private sector. The event included notable figures such as Hossam Heiba, President of GAFI, and Eng. Ahmed El Zaher, CEO of ITIDA, alongside members from various sectors including food industries and retail.
This initiative aligns with the Egyptian government’s goal of creating an appealing investment environment to attract capital for sustainable innovation. Over the last six years, Egypt’s information technology sector has grown rapidly, achieving a 14.4% expansion in the fiscal year 2023-2024 and generating EGP 315 billion in revenues. Investing in technology is deemed essential for enhancing Egypt’s economic resilience and keeping pace with global advancements.
The discussions focused on critical strategies to improve the investment climate, particularly in technology. The session addressed economic policies that foster a supportive business environment, explored enhancements to e-commerce, and sought solutions to challenges in the investment landscape. Key regulatory reforms and partnerships between the government and private sector were also emphasized as vital for strengthening the digital economy.
The roundtable acknowledged the essential role of government-private sector collaborations in promoting innovation while addressing the pressing challenge of workforce skill gaps. Efforts to equip young professionals with necessary skills were underscored as paramount to driving the sector forward.
In conclusion, the roundtable discussion emphasizes the importance of investing in Egypt’s technology sector to navigate global challenges and enhance economic resilience. With a focus on collaboration between the government and private sector, essential strategies and regulatory reforms were highlighted to foster a favorable investment climate, ultimately aiming for a robust digital economy. Talabat Egypt’s commitment to supporting local businesses through innovative platforms is pivotal to achieving these goals.
Original Source: www.zawya.com
