Egypt's Information Technology Industry Development Agency (ITIDA) and Schneider Electric-Egypt & North East Africa have signed an agreement to establish an engineering laboratory at the Borg Al Arab Technology Park.
Egypt's Minister of Communications and Information Technology Yasser El-Kady said that the Ministry is keen to establish strategic partnerships with major technology development companies to transfer knowledge, implant technology, and stimulate creativity and entrepreneurship.
The Ministry's strategy, El-Kady added, includes cooperation with international and local companies in executing mega projects that are aimed at integrating smart technologies to create and manage smart cities, technology parks and factories that use technology to raise efficiency and rationalize consumption.
El-Kady also said that such partnerships support the efforts of Egypt in economic and social development, being an enabler of the national economy.
The Memorandum of Understanding between Schneider Electric and ITIDA is said to be part of a strategic partnership plan between the two parties to train people on the latest applications and technological solutions to improve the efficiency of work in the field of energy management and machine control.
This is in addition to transferring technological knowledge to Egyptian specialized engineers and supporting scientific research development in the field of energy technologies.
The laboratory is the first step in Schneider Electric's plans to establish a presence in Egypt's technology parks.
Cover Image Credit: Egypt's Ministry of Communications and Information Technology