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Egyptian plan to increase exports of computer software
Egypt, Economics, 4/14/2000
The Egyptian Economy Ministry prepared a plan to increase Egypt's exports of computer software and get into new markets, among which are US and commonwealth markets.
The plan includes the establishment of a shareholding company with a capital of $100 million.
Establishing this company is due to a weakness in the local market in demanding computer software, which led the ministry to focus on marketing Egyptian products in markets in the Gulf, Africa, Eastern Europe, Canada and the Commonwealth.
ArabicNews.com learned that the preliminary cost of this plan reaches $7.3 million.
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