Ministers of Electricity and Renewable Energy, Communications and Information Technology, and Investment and Foreign Trade emphasized the importance of integrating government efforts to accelerate the preparation of Egypt’s national strategy for data centers and cloud computing, aimed at attracting foreign direct investment and positioning Egypt as a regional hub for digital services and renewable energy.
The remarks came during a meeting held at the Ministry of Electricity headquarters in the New Capital, in line with directives from President Abdel Fattah El Sisi to develop a comprehensive national strategy for the data center industry, including available project sites, renewable energy sources, investment incentives and infrastructure readiness in the electricity and telecom sectors.
The Ministers stressed that data centers are a key pillar of the digital transformation and knowledge-based economy, noting that the upcoming strategy will focus on providing advanced digital and energy infrastructure alongside investment facilitation measures.
Electricity Minister Mahmoud Essmat said that the ministry has a clear plan to support the localization of data center industries, highlighting ongoing expansion in renewable energy, which is expected to reach 45% of the energy mix within the next two years, along with long-term electricity supply agreements for investors.
Minister of Communications and Information Technology Raafat Hindi said data centers are essential for strengthening digital sovereignty and expanding Egypt’s digital services exports, noting Egypt’s competitive advantages, including its strategic geographic location and extensive international submarine cable network.
Investment Minister Mohamed Farid stressed the importance of creating a comprehensive database of proposed data center locations, including available utilities, energy sources, investment incentives and procedural facilitations, to attract global companies. The ministers agreed to prepare a unified investment map for data center projects across the country and to establish a joint working group to finalize the national strategy and coordinate with commercial attachés abroad to support investment attraction efforts.