Ministerial Committee to review legislations on technological industries
The Cabinet reviews at its meeting headed by Prime Minister Kamal Al-Ganzouri the special mechanisms for accelerating the implementation of the national project for technological renaissance which were included in the speech delivered by the President before the conference on information technology. A ministerial committee would be set up for reviewing legislations in effect in the field of critical and technological industries, as a preliminary step towards unleashing the movement of producers of critical industries and promoting them. The Cabinet also reviews incentives and facilities which could be taken for attracting foreign investments, encouraging national establishments and banks to extend new facilities and incentives for producers in the field of technological industries.
Meantime, the national conference for data renaissance wound up its activities and discussed the government programme for developing data technology. Minister of Public Business Sector Atef Ebeid, said the upcoming stage would witness more emphasis on the establishment of alliances among data-makers and their counterparts in the states preceding Egypt in this field asserting that these alliances are necessary for cutting down production costs and enhancing marketing capability.
Minister of State for Military Production, Mohamed Al-Ghamrawy Minister of State for Military Production, told the conference that the Higher Committee for Technological Development aims at turning Egypt into a state producing and exporting sophisticated technologies thus bringing the net revenue of the exports of data technology to 15 billion dollars in the year 2020. He said government's partcipant as a promoter and buyer of technologies which are domestically produced is essential for the development of data technology and reactivating the domestic market of these products. He said the main burden lies on the private sector through setting up giant marketing companies, taking part in international markets and fairs and striking deals on behalf of Egyptian companies.
Meantime, Ahmed Goweily, Minister of Trade and Supply, said President Mubarak has laid down the strategic bases for electronic trade, adding a permanent committee has been established in Egypt for drawing up the electronic trade program.
The conference also urged an immediate set-up of a national project to prepare and train human cadres in the field of information technology.