Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp


Egypt: Samsung earmarks $30mln to build learning tablets factory in Beni Suef

Friday, 05 March 2021 14:03
Egypt: Samsung earmarks $30mln to build learning tablets factory in Beni Suef

(Ecofin Agency) - Egypt signs a deal with South Korean tech company Samsung to build an educational tablet plant in Beni Suef, over 100km south of Cairo. The agreement will see Samsung invest $30 million in the facility.

Construction work is expected to last until March 2022 and tablet production will commence right after. According to the Egyptian ICT department, 1,000 local engineers will be trained in the use of the latest technologies.

This project aligns with the government’s ambition to introduce information and communication technologies in schools. Samsung's investment in Egypt is part of the presidential initiative Egypt Makes Electronics (EME), which is an essential component of Egypt's digital transformation strategy.

Since 2015, Egypt has been making moves to partner with the world's largest companies to build and operate technology plants, and train the local workforce. The country wants to start manufacturing electronic devices locally.

The Samsung plant will help increase Egyptian exports, reduce imports of electronic devices, and create hundreds of thousands of jobs for highly experienced engineers, technicians, and skilled workers.

Muriel Edjo



Public Management

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.

Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11


Benjamin FLAUX
Tél: +41 22 301 96 11
Mob: +41 78 699 13 72


Please publish modules in offcanvas position.