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Telecom

Etisalat Misr, Misr Italia Properties to develop telecom infrastructure for Cairo Business Park

Thursday, 02 July 2020 14:28
Etisalat Misr, Misr Italia Properties to develop telecom infrastructure for Cairo Business Park

(Ecofin Agency) - Mobile operator Etisalat Misr announced on July 1 it has partnered with real estate developer Misr Italia Properties to provide a portfolio of advanced telecom and internet services and smart solutions for the Cairo Business Park, the first integrated administrative complex of the New Cairo project.

The collaboration is aligned with Etisalat Misr's ambition to offer a distinctive communication experience at high speeds and unprecedented quality through a data center using cloud computing tools. According to Hazem Metwally (pictured), CEO of Etisalat Misr, “the agreement reflects Etisalat Misr’s strategy – as a fully integrated telecom operator – which comes in line with Egypt's 2030 vision and digital transformation strategy across the economy and particularly in the real estate sector.”

Relying on our latest technologies and infrastructure that is considered the best in the Egyptian market, we have always been keen to meet our customers’ needs and exceed their expectations, through transferring Etisalat Group’s successful and intellectual international experiences to the Egyptian market,” he added.

Mohamed Hany Al-Assal, the CEO of Misr Italia Properties, for his part, said “through this partnership, with investments amounting to 1.5 billion Egyptian pounds, we strive at developing an integrated digital administrative complex, which encompasses 42 administrative buildings on an area of ​​18 acres.”





 
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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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