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Reading: Egypt’s to kick-off International Security and Safety Exhibition and Conference on 19 June 2023
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Dailynewsegypt > Blog > Business > Egypt’s to kick-off International Security and Safety Exhibition and Conference on 19 June 2023
Business

Egypt’s to kick-off International Security and Safety Exhibition and Conference on 19 June 2023

Daily News Egypt
Last updated: 2022/08/04 at 4:08 PM
By Daily News Egypt 7 Min Read
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Egypt’s to kick-off International Security and Safety Exhibition and Conference on 19 June 2023
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This prominent international event will boost security, firefighting, and safety levels in North Africa and the Mediterranean for the first-time next year

Egypt’s International Security and Safety Exhibition and Conference will be held in Cairo from 19 to 21 June 2023 under the patronage of Prime Minister Mostafa Madbouly, according to an announcement by the exhibitions organisers.

Egypt is set to experience steady growth in the demand for the latest specialised state-of-the-art technologies from both public and private sectors as new opportunities, technologies, and solutions will be revealed at the conference.

This comes amid a growing need to strengthen security systems and achieve the Egyptian government’s national goals and as the country doubles its efforts to work on protecting its infrastructures and securing its international borders to fulfil its 2030 Vision.

It is expected that government spending in the field of security will grow 15 to 20% by 2024. Following years of instability across the country, Egypt is set to re-establish its position as the leading gateway between the Middle East and African markets.

Given that the national security market in the Middle East and North Africa (MENA) region is valued at over $20bn, commercial security is valued at $5.6bn, and the regional perimeter security sector is growing by 14.8% over the past year alone; there is huge untapped potential in this area.

Thus, there is no doubt that a new era of economic growth is beginning in Egypt that is consistent with the state’s plans and preparations to bring back its role as one of the biggest economies in the world by 2030.

Sanjeevv Bhatia — Chairperson of SB Group International and CEO of Netix Global – IOT & AI Solutions Provider — addressed the importance of utilising the latest safety and security products and services in Egypt.

“As the country is expected to achieve massive economic growth, it is crucial that its main infrastructure and facilities be modern, secure, safe, and sustainable for a better tomorrow. It is also expected that the new investments planned from the public and private sectors in healthcare, education, energy, and infrastructure will fuel the growth of the Egyptian economy,” he said.

“We offer an extensive range of technological and intellectual solutions that private and public sectors can leverage to address the needs and challenges of modern happenings such as urbanisation, smart buildings, and smart cities with smart city management (AI & ML enabled), digital evolution, and post-pandemic recovery.”

“Security, cyber security, health, and safety will remain the backbone of these developments, which will boost industrialisation and urbanisation across the country. These top-notch products and services will be critical factors for Egypt’s future growth,” he explained.

The Egyptian cybersecurity market is projected to grow by 10.7% annually from 2020 to 2026. Such growth is associated with the fact that the country remains one of the only countries in the MENA region to witness such a positive change in project spending over the past two years.

To implement President Abdel Fattah Al-Sisi’s vision, Egypt has completed projects worth $284bn in the past six years, including the construction of roads, bridges, sewage treatment plants, and power stations, in addition to a number of energy projects ranging from wind to solar energy.

This comes in conjunction with the UN Conference of Parties on Climate Change (COP27) that will be held in Sharm El-Sheikh this November. These investments reflect the significant growth that Egypt has achieved during the pandemic period.

DMG President Christopher Hudson also highlighted the importance of developing security and safety in Egypt.

“The new infrastructure developments from airports, seaports, and residential and public facilities will require the latest security and safety standards. From the beginning, the Egypt International Security and Safety Exhibition will serve as a vital platform that will bring together manufacturers, distributors, government regulators, architects, planners, system integrators, as well as public and private end users to conduct business in these sectors. We will also bring together the entire eco-system of the industry across its value chain. As a result of that, endless opportunities will emerge,” he said.

It is worth noting that following the growth of Egypt’s GDP by 3.57% in 2020, the country is expected to rank seventh in the top 10 largest economies in the world and is estimated to reach a GDP of $8.2 trillion by 2030. This growth will lead to several business opportunities, many of which are expected to emerge during the Egypt International Security and Safety Exhibition and Conference, which will serve as a vital platform to achieve such growth.

This event focuses on four main pillars — national security, commercial security, cyber security, and firefighting and safety. It is supposed to provide deeper insights into the latest trends, strategies, challenges, and evolving opportunities in the global security and safety markets.

It also includes three conferences on National Security and Police, International Cyber Security and Privacy, and Firefighting and Safety.

Moreover, it will cover multiple industrial segments, as well as an AI Innovation Zone, a Drone Zone, and a Security Club that is exclusive to senior executives in the fields of security, safety, and firefighting from all over the world.

More than 10,000 security and safety experts, manufacturers, technology providers, and government officials are expected to gather during the event to network, review, and discuss new services, products, and solutions that will serve as an incentive for a wide range of industries, businesses, and organisations.

As the only exhibition for the security, safety, and fire protection industries serving North Africa and the Mediterranean that is dedicated to the complete security and safety value chain, the event is set to break new ground in terms of synchronising regulations and laws for various sectors and laying the foundations for the safety and security of Egypt.

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