Information Technology Industry Development Agency (ITIDA)

What is Information Technology Industry Development Agency (ITIDA)? 

The Information Technology Industry Development Agency (ITIDA) is a partnership business based in Egypt.

The company is focused on enhancing the capabilities of local IT businesses in the country. It also attracts and supports international IT businesses, creating a qualified, long-lasting, and employable talent pool.

ITIDA is the Ministry of Communications and Information Technology’s (MCIT) executive IT division. It’s located at the center of a modern business environment at the Smart Village in Cairo, Egypt.

What does the IT Industry Development Agency do?

The IT Industry Development Agency is crucial in defending information technology ethics and intellectual property rights to create a more secure e-business ecosystem and provide sourcing and offshoring services.

ITIDA is both a focal point for foreign investors and a strategic advisor to multinational companies investing in local ICT. It improves Egypt’s global IT competitiveness by boosting IT services, applications, and product exports.

ITIDA adopts a progressive strategy, adheres to the public-private partnership model, and seeks partnerships with related foundations. It aims to inspire the regional IT market and adapt to changes in the global industry.

Making Egypt one of the top global hubs for technology and business services is one of ITIDA’s goals for gaining momentum in the IT sector.

As a one-stop shop for foreign direct investors looking to expand their global offerings, the IT Industry Development Agency works to further develop Egypt’s competitive potential. It provides businesses with the necessary tools to boost IT and ITES exports.

ITIDA ensures a constant supply of talent and outstanding developments because it recognizes the significance and effects of innovation and skills.

The self-sustaining organization collaborates with key players, private companies, and governmental organizations. It develops an entrepreneurial mindset by serving both individuals and universities.

A wide range of services provided by ITIDA assist in attracting and supporting international IT companies while enhancing the capabilities of local IT firms.

ITIDA helps IT businesses grow by offering special access to numerous markets through sponsorship of and participation in local, regional, and international trade shows.

IT Industry Development Agency promotes an advanced IT infrastructure that boosts Egypt’s economy. Its efforts to make much-needed improvements are characterized by a long-term commitment and ongoing investment.

Reasons to invest in ITIDA and Egypt

The IT Industry Development Agency offers the following benefits to businesses that choose to invest in them:

Business environment

Egypt has a favorable economic environment for foreign direct investment (FDI).

The government adopts initiatives to promote high-value services and goods, with innovation at the core of this ecosystem.

The nation’s business-friendly government is focused on digital transformation, innovation, skills, infrastructure, and regulatory framework.

​​​​​​​Egypt Makes Electronics (EME)

Egypt Makes Electronics (EME) is one of the most significant milestones for the ICT industry.

EME is a presidential initiative designed to increase Egypt’s exports of electronic goods by twofold.

Location fundamentals

The strategic advantage of the IT Industry Development Agency’s location at the intersection of Europe, Africa, and Asia makes it attractive to both domestic and foreign investors.

Egypt has made notable improvements to the local transportation system and has made significant efforts to provide high-quality infrastructure.

Industry outlook

Multinational corporations’ investments in the ICT sector are expanding quickly, as are the number of jobs being created and ICT exports. Technology startups from all over the world are coming to Egypt for creative solutions.

Talent landscape

Egypt provides a wealth of multilingual talent at an affordable price.

The country’s large domestic market, skilled local labor force, low costs, and government support are all key advantages for the ICT industry.

Innovation ecosystem

The abundance of local startups demonstrates Egypt’s tenacity as an entrepreneurial country.

Startups in Egypt are offering top-notch solutions to companies and people locally, regionally, and globally.

These startups benefit from the various opportunities and advantages Egypt’s entrepreneurial ecosystem offers. 

Government support

The Egyptian government does everything possible to improve its country’s business environment.

ITIDA and the Ministry of Communications are developing the domestic IT industry.

The IT Industry Development Agency prioritizes talent development, tech innovation, entrepreneurship, developing local companies, FDI attraction, and upgrading the business ecosystem.