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Egyptian Communications, IT Ministry, Schneider Electric sign cooperation memo

The Egyptian Ministry of Communications and IT signed a memorandum of understanding with Schneider Electric -  the world's global specialist in energy management and automation.

Under the memo, both sides will cooperate in exchanging technical expertise and establishing a smart city in the Knowledge City in the new administrative capital to be a beacon for innovation and research.

Communications and IT Minister Yasser El Qadi said the cooperation memo falls within the framework of a long-term strategic relations binding the ministry and the international company of Schneider Electric.

The minister reviewed the efforts being exerted by the ministry to build the 301-feddan Knowledge City that will be a center for research, science, programming development and artificial intelligence.

Meanwhile, Regional Director of Schneider Electric in Egypt and North Africa Walid Shata said the company plans to re-locate its HQ from New Cairo to the Knowledge City which will offer top-notch technological systems and innovation.

 

  

 

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