Egypt
The Destination of Choice
ICT-Electronics
Position Egypt as the regional hub for electronics
manufacturing and world destination of choicefor electronics design and innovation

Fast-Paced
EconomyICT Sector$ Exports

FDIICTGDP$ 5.9B
2020*

4%

4.4%

2018

2019

2020

growing sector

16%

in

3.2%

FastestLargest
3.2 B
2018

3.6 B
2019

4.1 B
2020

contributor to GDP
growth

200,000
Offshoring Jobs

*UNCTADIncreased Global Confidence
Progressive Sector Acknowledgment

Egypt improved in businessdynamism, and innovation
capability

Egypt progressed 6 places inEase of Doing Business

IMF support packages will help
boost investor confidence in Egypt#1 MEA and #15 Top Global
Services Location

Oct 2019

May 2020

April 2021

Oct 2019

Egypt is the only country in
MENA to witness positive
real GDP growth
Oct 2020

Egypt is well placed to attract
international investment and emerge
from this difficult period in a strong
positionAug 2020

Egypt is the 4th Most favored
offshore CX delivery locations

Egypt is Africa’s top
FDI destination

March 2021

Jun 2021

100+ Million

Low Labor Attrition

Population50%+ 20 Languages served
Across + 100 countries

Aged 15 - 44
Multi-lingual talent pool of550K

80% of working population speaks English & othergraduates Largest in the Arab

European languages

speaking world and second largest in EMEA
region370,000

Culturally
Compatibwith Western Busi

business services

60,000IT & Electronics
related50,000IT & ElectricTechnicians

Certiﬁed high-value training in 30+ Technology Tracks targeting 100,00
youth in collaboration with online learning platforms, MNCs, and leadin
universities

80% speaks English & other
European languages

65+ International schools
American, British,French, German

Unmatchable Cost Offering
Monthly Manufacturing Services Salary

EGYPT

CHINA

TURKEYINDIABLUE
COLLAR

$200

$550

$700

$200

SKILLEDTECHNICIA
N

$400

$1100

$1500

ENGINEER

$450

$1200

SENIORENGINEER$1200

MIDDLEMANAGER$2000

Annual Design/R&D Fully Loaded Cost

EGYPT

USA

CHINA

INDIA

JUNIOR

$20K

$120K

$30K

$25K

$500

ENGINEER

$28K

$160K

$45K

$40K

$2500

$600

SENIOR

$42K

$220K

$60K

$55K

$2000

$2500

$1300

TEAM
Leader$70-80K

$260K

$80K

$75K

$3000

$3000

$2000
Source: ITIDA industry survey 2020

DevelopedIndustry

Manufacturing
GiantsJV withandInternational &Offshoring Design
40% Growth – 3 yrs

Focus Industry Products (Investment Opportunities)
Promising Products with Quick Impact and Highly
Demand of Local & Regional Markets & Growth Rate

Telecom(Mobile Phones, Tablets,GPS, Fiber Optics)

LED Lighting(LED Chips)

LED Displays
Smart Meters
Opencell Panels/ Optical films..)

Printed Circuit Boards
Fabrication

IoT Devices /MEMS/ Sensors

Lithium Batteries

Solar(Panels/Cells/Inverters..)

IC Fab(Semiconductors)
Industrial Electronics

Investment Opportunities
Design & DevelopmentElectronics
IC Chips &Circuits
designIndustry 4.0Digital
TransformationSolutions

AI / IoT / Data
Analytics' andSmart cities
solutionsEmbeddedsystems
development

AutomotiveElectronics
Systems

Healthcare
biomedicalequipment.

Government provides attractive incentive package for establishing electronics design
house inside Knowledge city furnished with whole electronics eco-system

Market Demand & Export Potential
Free Trade Agreements

COMESAAFCFTA
Tariff Exemption for
19 (COMESA) / 35(AFCFTA) African
States commodities

Egypt-EU
Partnership

GAFTA

AGHADIR

Establishing
Free Trade
Area

Exempting allcustoms duties &charges between
Arab countries

FTA with Morocco,
Tunisia, Palestine andJordan

EgyptTurkey

E F TA

USA-QIZ

FTA withTurkey

FTA with Iceland,
Liechtenstein, Norwayand Switzerland

FTA withUSA

Quality and Scalable Infrastructure(Technology Parks)
Smart Village

Maadi TechnologyPark

 Spread Science and Technology Parks across 2nd tiercities.
 Reach out to Egypt's talented youth everywhere Provide the ecosystem Enable innovation and technological advancements.

 Plug & play solutions
 Top-notch infrastructure Dedicated areas for Electronics Design &Manufacturing with low rate.

(2nd Tier TechnologyParks)

123456New Borg Al-ArabAl –SadatKnowledge City
New Beni Sueif
New Assuit
New Aswan

Strategic location in the heart of new cities
nearby universities, and with access tomajor national roads, rail networks &principal international airports

Innovation Hub – Knowledge
CityGovernment
Support30% - 50%
Corporate Tax
reduction, up to
80% of total paid
capitalGrant for rental
cost & utilities atknowledge City
Hub-3 yrs

Customs & tax
exemption onmachines, tools,and equipment inTech Parks

5%-10% export
overhead rebate,based local-value
50% freight costsubsidy to Africa

Funding for R&Dprojects local
designs up to EGP
5M

Up to 50% subsidy
on cost for Offices& manufacturingin Tech Parks

15% local productcost advantage
for governmental
purchases

Fund over 3 yrs for
HR development forenterprise staff(local/overseas)
Up to $10K/person

Professional &vocational training
programs

Thank you