{"id":29431,"date":"2020-09-01T15:34:08","date_gmt":"2020-09-01T13:34:08","guid":{"rendered":"https:\/\/ecomnewsmed.com\/?post_type=news&#038;p=29431"},"modified":"2020-09-04T14:20:51","modified_gmt":"2020-09-04T12:20:51","slug":"egypt-government-to-invest-797-million-in-digital-transformation","status":"publish","type":"news","link":"https:\/\/www.ecomnewsmed.com\/en\/2020\/09\/01\/egypt-government-to-invest-797-million-in-digital-transformation\/","title":{"rendered":"Egypt: Government to invest $ 797 million in digital transformation"},"content":"\n  \n    \n      \nAccording to Mohamed Maait, the Egyptian Minister of Finance, the government has allocated the sum of 12.7 billion Egyptian pounds ($ 797 million) for digital transformation in its 2020\/2021 budget.\n\n    \n  \n\n\n  \n    \n      \nThe minister who spoke on August 15, 2020 said that one of the future benefits of this digitization is the electronic management, by the system of logistics centers, of 90% of Egyptian imports and exports by the end of December 2020. An advance that will reduce (to less than five days) the time it takes to release shipments and the cost of customs clearance.\n\n    \n  \n\n\n  \n    \n      \nThe digital transformation project mentioned by Mohamed Maait &#8211; in line with Egypt&#8217;s development vision for 2030 which makes ICT and digital technology an essential pillar of national growth &#8211; aims to strengthen governance and the judicious management of state resources and stimulate investment.\n\n    \n  \n\n\n  \n    \n      \nAccording to the Ministry of Communication and Information Technologies, thanks to the 6 billion Egyptian pounds that have already been injected into the national digitization project, 5,300 government buildings across the country have already been connected to optical fiber.\n\n    \n  \n\n\n  \n    \n      \nSource Ecofin Agency\n\n    \n  \n\n","author":15,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","tags":[5793,5808,5818,5824],"location":[5600],"class_list":["post-29431","news","type-news","status-publish","hentry","tag-digital","tag-government","tag-investment","tag-new-technologies","location-egypt"],"short_url":"https:\/\/bit.ly\/3bhaCVF","have_related_news":"","chapo":"The Egyptian government, committed to the digital transformation of the country, has planned to invest $ 797 million for this purpose in 2020. The amount, unveiled on August 15 by Finance Minister Mohamed Maait, was provided for in the current budget.","media":null,"media-news-header":null,"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Egypt: Government to invest $ 797 million in digital transformation - Ecomnews Med<\/title>\n<meta name=\"description\" content=\"According to Mohamed Maait, the Egyptian Minister of Finance, the government has allocated the sum of 12.7 billion Egyptian pounds ($ 797 million) for\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ecomnewsmed.com\/en\/2020\/09\/01\/egypt-government-to-invest-797-million-in-digital-transformation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt: Government to invest $ 797 million in digital transformation - 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