Egypt: Telecom operator Etisalat Misr and property developer Misr Italia Properties to provide Cairo Business Park, in the city of New Cairo, with high-quality telecommunications infrastructure 1
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Denys Bédarride
Friday 10 July 2020 Last update on Friday, July 10, 2020 At 3:11 PM

The mobile operator Etisalat Misr revealed on July 1, 2020 its cooperation with Misr Italia Properties, real estate developer and said to align with the country’s digital transformation policy for 2030.

The two partners will provide a portfolio of advanced Internet and telecommunications services and smart solutions for Cairo Business Park, the first integrated administrative complex in New Cairo, a new city near the capital.

The cooperation is in line with Etisalat Misr’s desire to provide a distinctive communication experience at high speeds and unprecedented quality through a data center, using cloud computing tools.

The agreement with Misr Italia Properties, Hazem Metwally the CEO of Etisalat Misr explained that it reflects the strategy of the telecommunications operator, which aligns with the vision and strategy of digital transformation of Egypt at the horizon 2030, in the economy as a whole and in particular in the real estate sector.

By relying on our latest technologies and infrastructures considered to be the best on the Egyptian market, we have always been concerned with meeting the needs of our customers and exceeding their expectations, by transferring the successful international and intellectual experiences of the Etisalat group to the Egyptian market.  ” added Hazem Metwally.

Mohamed Hany Al-Assal, President and CEO of Misr Italia Properties, said that “thanks to this partnership, with investments amounting to 1.5 billion Egyptian pounds, we are working to develop an integrated digital administrative complex , which includes 42 administrative buildings on an area of 18 acres ”.

Source Agence Ecofin July 2020

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