“In addition to strategic investments, Cisco assists governments across the globe with ongoing advice, access to international best practices, and a vast array of state-of-the-art technology solutions. We believe there is tremendous growth potential in Egypt’s ICT sector and are committed to supporting Egypt’s, as well as MENA’s, long-term goals. It is therefore appropriate for Cisco to make this investment into the Egyptian economy and its people,” said John Chambers, chairman and CEO, Cisco.

Today’s announcement marks another key milestone in the collaboration between Egypt’s Ministry of Communications and Information Technology and its Information Technology Industry Development Agency (ITIDA) with Cisco in support of the information and communications technology (ICT) sector in Egypt.

Click here to read full press release