CAIRO — Global technology leader FPT Corporation has signed a Memorandum of Understanding (MoU) with Egypt’s Information Technology Industry Development Agency (ITIDA) to advance the adoption of digital technologies across the nation. This strategic partnership aims to strengthen Egypt’s position as a leading hub for Information Technology services while promoting innovation and talent development.

Through this collaboration, FPT and ITIDA will work together to drive digital transformation across sectors. Leveraging FPT’s global technology expertise and delivery capabilities, the partnership will focus on fostering innovation, creating job opportunities, and enhancing Egypt’s role in the global digital economy. FPT will also tap into Egypt’s skilled workforce to deliver AI-powered tools, enterprise IT solutions, and advisory services to international clients.

ITIDA will facilitate FPT’s expansion in Egypt by connecting the company with local businesses, government agencies, and universities. In addition, ITIDA will provide access to training programs, the Software Engineering Competence Center, industry insights, and telecom infrastructure support, further strengthening the country’s digital ecosystem.

“FPT’s AI-first approach aligns closely with the ambitions of the Digital Egypt Strategy and the country’s goal to become a fully digital society. Through this partnership with ITIDA, we aim to build a resilient digital ecosystem that fosters job creation and drives sustainable economic growth, contributing to Egypt’s long-term development goals,” said Rimah Ghaddar, Chief Executive Officer of FPT Middle East, FPT Corporation. — VNS