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President of Egypt’s technology chamber: EGP 80m owed to tech companies - Daily News Egypt

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President of Egypt’s technology chamber: EGP 80m owed to tech companies

Ten cases have been successfully solved, with four companies still with unresolved issues


Send stated that the CIT’s recently launched ‘Bridges’ programme, which seeks to help increase exports for local technology companies Photo: Hisham Send ( DNE-Photo)
Send stated that the CIT’s recently launched ‘Bridges’ programme, which seeks to help increase exports for local technology companies
Photo: Hisham Send ( DNE-Photo)

Hisham Send, president of the Chamber of Information Technology and Communication (CIT), said that he is soon set to meet with Minister of Communications and Information Technology Atef Helmy, in order to discuss and determine strategic goals for both ministries.

Send stated that the CIT’s recently launched ‘Bridges’ programme, which seeks to help increase exports for local technology companies, will first look to target African countries beginning with Ethiopia, Sudan and Kenya. Twenty-one companies were also reported to have participated in a recent conference hosted by the CIT entitled ‘Technology Libya’.

Two new committees have recently been formed, created to address the financial needs of technology companies associated with the Ministry of Communications and other government ministries. These committees will include four members of the CIT.

So far, the CIT has been successful in resolving the financial problems of 10 companies associated with various government agencies, adding however that four companies still had unresolved issues. The total amount of monies and dues owed to technology companies associated with various government ministries was estimated at close to EGP 80m.

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https://www.dailynewsegypt.com/2013/02/16/president-of-egypts-technology-chamber-egp-80m-owed-to-tech-companies/
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