The Ministry of Communication and Information Technology plans to pump three projects through the Egypt Economic Development Conference (EEDC) in Sharm El-Sheikh, according to Minister Khaled Negm.
Negm declared at the conference on Friday that the investments for the three projects are estimated at EGP 31bn.
The projects are set to be launched in various fields, the most important of which are constructing a smart village, and equipment for electricity consuming.
Negm said that the information technology and communications sector is considered one of the Egyptian sectors achieving remarkable growth, which will strongly attract foreign investments.