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Reading: The Administrative Capital for Urban Development Signs  an Agreement of $135 million with Orange Egypt to Build and Operate Its Data Center and Cloud Computing Platform
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Dailynewsegypt > Blog > Business > The Administrative Capital for Urban Development Signs  an Agreement of $135 million with Orange Egypt to Build and Operate Its Data Center and Cloud Computing Platform
Business

The Administrative Capital for Urban Development Signs  an Agreement of $135 million with Orange Egypt to Build and Operate Its Data Center and Cloud Computing Platform

Daily News Egypt
Last updated: 2020/01/12 at 7:57 PM
By Daily News Egypt 4 Min Read
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The Administrative Capital for Urban Development (ACUD) signed an agreement with Orange Egypt to build and operate the new administrative capital’s data center and cloud computing platform. The agreement was signed by Eng. Mohamed Abdel Latif, Managing Director of the Administrative Capital Company for Urban Development, and Hisham Mahran, Chief Enterprise Line of Business Officer at Orange Egypt, in the presence of Major General Ahmed Zaki Abdeen, Chairman of the Administrative Capital for Urban Development, Eng. Yasser Shaker Orange Egypt Chief Executive Officer, Stéphane Romatet, the French Ambassador to Egypt, and Head of the Economic Section of the France Embassy Jerome Baconin, along with officials from the two companies, journalists and media personnel.

The data center is an infrastructure milestone to establish the concept of the “smart capital” and is considered to be one of the key technological hubs in Egypt and the African continent. Orange Egypt has been awarded to build and operate the data center according to the latest international standards based on the company’s international expertise in providing innovative technologies and solutions in cooperation with key international players operating in the ICT sector.

According to this agreement, Orange Egypt will provide the main infrastructure to establish and operate the data center that will enable the administrative capital city to exploit smart technologies to provide various services including ,but not limited to, providing IoT solutions, cloud computing, artificial intelligence platforms, TRIPLE PLAY services (Internet – fixed phone – TV) and facility management utilities.

For his part, Eng. Yasser Shaker, CEO and Managing Director of Orange Egypt, expressed his pleasure to cooperate with the Administrative Capital in this worthwhile project as it is one of the important milestones for the modern Egyptian state.

Shaker added that Orange possesses the human and financial capabilities and expertise to manage this project in a timely effective manner in compliance with the latest international standards.

Meanwhile, Major General Mohamed Abdel Latif, Managing Director of the Administrative Capital Company for Urban Development, stated that the agreement comes in line with the administrative capital company’s strategy to exploit all tools of modern technology to build the first smart city in Egypt, operating by artificial intelligence technology, noting that the administrative capital is first out of 14 new cities to be built in Egypt.

At the end, Major General Ahmed Zaki Abdeen, Chairman of the Administrative Capital for Urban Development, hailed this agreement stating that Orange Egypt has been awarded to build and operate the data center according to the latest international standards and specifications based on the company’s expertise in providing integrated telecommunications services which comes in line with  the country’s strategy to achieve a real sustainable development pathway. He also praised the efforts exerted by the ACUD’s employees to provide a global model for a sustainable smart city that provides smart services for its residents.

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TAGGED: Cloud Computing Platform, Data Center, Orange Egypt, The Administrative Capital for Urban Development
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HDB targets 25% growth in profits, various activities by 2023-end: CEO
HDB targets 25% growth in profits, various activities by 2023-end: CEO
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Bank ABC Egypt sees 158% profit growth in 1Q 2023, after merging with BLOM Bank
Bank ABC Egypt sees 158% profit growth in 1Q 2023, after merging with BLOM Bank
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146% growth in net profit of Attijariwafa bank Egypt reaching EGP 434.5m in 1Q 2023
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Al Ahly Pharos tops brokerage ranking in May
Al Ahly Pharos tops brokerage ranking in May
Business
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