Peace will certainly boost the chances of stimulating growth and social and economic development. It will create a conductive environment for investment and productivity growth throughout the region. At this major crossroads in human history, the peoples of the Middle East can not be bypassed or marginalized in the quest for progress. They are determined to be integrated in the global economy. In Egypt specifically, we have embarked on an ambitious programme for the assimilation of high technology in our society.
Special emphasis is given to information technology.
We are aware of the importance of telecommunication networks for promoting investment, stimulating business growth, creating job opportunities and enhancing the quality of life for each and every Egyptian. As Egypt is the gateway to the Middle East and Africa, that demand is growing at rates, which exceed thirty per cent annually. The private sector, which is seeking to build a strong export-oriented software and services industry, is contributing significantly to the growth of that market. The government is taking part in this process as well. In short, the entire society has become aware of the need for information technology.