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The information technology (IT) market has grown rapidly in the last few years. The formation of a dynamic and ambitious Ministry of Communications and Information Technology (MCIT) in 1999 gave this sector a visible and much-needed boost. The IT sector is growing at more than 10% annually. MCIT continues to implement its ambitious plans to increase software exports, which reached $150 million in 2003 compared to $50 million in 2000. Other national objectives: train more skilled engineers, support E-government and E-commerce, and increase IT awareness among the population. SERVICES/PRODUCTS * Call Centers * PC Components and Accessories * Hardware * Software Development. OPPORTUNITIESThe call center industry is developing. In September 2003, a large Telecom Egypt call center was inaugurated in the Smart Village technology park near Cairo. The call center area, with Egypt's very low labor costs and large pool of good English speakers, provides for a competent and cost effective labor force which has the potential to generate $200-300 million per year in revenues within five years.

The government of Egypt is implementing many initiatives to increase the use of computers among students. The Ministry of Education has a "Computer for Each Student" initiative, and MCIT introduced the "PC for Each Home" project that gives landline subscribers the right to purchase a PC and pay for it on an installment basis via their telephone bills. There are opportunities in software development, E-learning, E-government, E-health, E-culture, and E-business.

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